Bill > SB638

This bill modifies various transportation funding provisions, including changes to the Commonwealth Mass Transit Fund and the Washington Metropolitan Area Transit Authority (WMATA) Capital Fund, and establishes new regional transit funds for Northern Virginia and the Potomac and Rappahannock Transportation Commission. To generate revenue for these initiatives, the bill imposes several new taxes and fees: a regional sales and use tax of 0.2% in localities belonging to the Northern Virginia Transportation Commission or the Potomac and Rappahannock Transportation Commission, a tax on transportation network companies (TNCs) at 4.3% of gross fares statewide and an additional 1.9% in Northern Virginia, a retail delivery fee of 50 cents per delivery statewide and an additional 25 cents in Northern Virginia, and a regional commercial parking tax of 10% on parking services in Northern Virginia. Additionally, it introduces a regional highway use fee on certain vehicles, specifically alternative fuel, electric, and fuel-efficient vehicles, which is 29.34% of the existing highway use fee, with revenues directed to the new regional funds or the Commonwealth Transportation Fund depending on the vehicle's location. The bill also adjusts allocations within the Commonwealth Mass Transit Fund and introduces new requirements for WMATA regarding cost growth, reporting, and capital improvement plans to ensure continued funding.

Transportation and Infrastructure

https://lis.virginia.gov/bill-details/20261/SB638