Virginia 2024 Regular Session

Virginia House Bill HB305

Introduced
1/5/24  

Caption

Regional gas tax; allocating revenues from tax to certain localities for improving secondary roads.

Impact

If enacted, HB305 would directly impact state laws concerning transportation funding by creating a designated revenue stream specifically for the improvement of secondary roads. Such funding is essential as many localities face budget constraints that hinder their ability to maintain and develop crucial transportation infrastructure. The bill's implications might lead to improved road conditions, which could enhance overall public safety and boost local economies by facilitating better access to businesses and services.

Summary

House Bill 305 aims to establish a regional gas tax to allocate revenues from this tax to specific localities for the enhancement and repair of secondary roads. This initiative is part of a broader effort to ensure that local transportation infrastructure is properly funded and maintained, which is critical for community development and safety. By targeting secondary roads, the bill recognizes the importance of maintaining less-traveled routes that often suffer from underfunding and neglect compared to major highways.

Contention

Notable points of contention surrounding HB305 may involve concerns from various stakeholders regarding the effectiveness of the proposed gas tax and its potential burden on residents. Some community members may argue that increased taxes could disproportionately affect lower-income households, while others may be skeptical about whether the allocated funds will be adequately monitored and used for their intended purposes. The success of the bill could also depend on the political landscape and the level of support from local municipalities, as cooperation would be necessary for the allocation and effective use of the funds generated.

Companion Bills

No companion bills found.

Previously Filed As

VA HB2196

Sales and use tax, local; exemption for essential personal hygiene products and infant formula.

VA SB850

RS & UT; exemption for food purchased for human consumption, essential personal hygiene products.

VA HB1484

RS & UT; exemption for food purchased for human consumption, essential personal hygiene products.

VA HB1710

Real property; additional tax on commercial and industrial property in certain localities.

VA SB1258

Sales tax revenues; entertainment arena.

VA HB1863

Taxation in the Commonwealth; numerous changes to tax structure, report.

VA HB1741

Sales tax revenues; entertainment arena, adds entertainment arena to definition of public facility.

VA SB1137

Fredericksburg Area Transportation Authority; created.

VA SB1161

Recordation tax; increases annual distribution to cities and counties.

VA SB1143

Charitable gaming and historical horse racing; regulation.

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CA AB1469

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NJ A5412

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