Virginia governor signs transportation bill into effect
Virginia Governor Bob McDonnell on Monday signed the state’s transportation bill into effect, CBS DC reported.
The Road to the Future bill will enable sweeping, long-term funding for Virginia highway repairs and maintenance.
It will replace the state’s 17.5 cent per gallon retail gas tax with a 3.5-percent wholesale tax on gasoline and a 6-percent tax on diesel fuel. It also raises the statewide sales tax from 5 percent to 5.3 percent, and it increases the titling tax on car sales.
The bill, which rejects a toll on Interstate 95, was approved on the final day of the 2013 session of the General Assembly.
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