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Virginia Gas Tax Hike Considered by State Officials
RICHMOND AP A gas tax hike averaging about 7 cents a gallon would be required to fund a high priority road program approved by the State Highway and Transportation Commission. The plan needs General Assembly approval for new revenues. Officials warn of a $1.1 billion loss in federal funds through 1988 without increases, with maintenance funds declining after 1984 85. King says legislators may adopt a percentage based rise rather than a per gallon tax. He notes past 4 percent proposals were eroded by inflation and urges support for higher license and truck taxes. The incoming Robb administration’s stance on taxes remains noncommittal.
MENTIONED IN THIS ARTICLE
Richmond
State Highway and Transportation Commission
General Assembly
Harold C. King
King
Leo E. Busser III
Busser
Highway Department
Virginia
John Dalton
Assembly