Gov. McDonnell To Sign Transportation Bill - 8NEWS - WRIC | News Where You Live

Gov. McDonnell To Sign Transportation Bill

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RICHMOND, Va. (AP) - Gov. Bob McDonnell has scheduled a ceremonial signing for a signature legislative triumph.
The ceremonial signing Monday at the Capitol is for his sweeping, long-term overhaul of Virginia's system for funding repairs and upkeep of its highways.
Approval of the compromise bill came on the final day of the 2013 session of the General Assembly.
The measure replaces Virginia's 17 1/2 cents-per-gallon retail gasoline tax with a 3.5 percent wholesale tax on gasoline and a 6 percent levy on diesel fuel. It boosts statewide sales taxes from 5 percent to 5.3 percent and increases the titling tax on car sales.
The legislation also rules out proposed tolls on Interstate 95 south of Petersburg.

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