1/9/13: Governor Bob McDonnell has announced a five-year transportation plan that will cost the state three-point-one-billion-dollars over the next five years. The main proposal would eliminate the current 17-and-a-half-cents-per-gallon gas tax, and replace it with an increased point-eight-percent general sales tax increase that would be dedicated to a transportation trust fund. The plan would use 85-percent of the increased sales tax for transportation maintenance.
1/8/13:
Gov. Bob McDonnell will unveil his transportation funding reform package today. McDonnell, entering the fourth and final year of his term made a commitment during his gubernatorial campaign, to reform the Commonwealth’s transportation programs. He has already laid out a plan to shift about $48 million from the General Fund by designating a sliver of the state sales tax for transportation use. State lawmakers convene for their 2013 session tomorrow
