On February 12. 2013, Virginia’s Senate Finance Committee approved, by a 9 to 6 vote, a piece of substitute transportation funding legislation that made the following changes:
Transportation Funding Legislation (HB 2313) was passed by the Senate on February 13, 2013. Governor Bob McDonnell called the passage of this legislation “another step in creating a final plan for addressing Virginia’s transportation challenges on a long –term basis. “
For more information on Governor McDonnell’s 2013 Transportation Funding and Reform Package click here
In related news, on Thursday, February 14, 2013, Congress introduced the Marketplace Fairness Act, legislation that will help state and local governments collect an estimated $23 billion in taxes due on Internet and Mail-Order sales. Revenue from the Marketplace Fairness Act would comprise 1/3 of Governor McDonnell’s 2013 Transportation Funding Legislation.