The Virginian Pilot is reporting that the Hampton Roads Transportation Authority approved the list of taxes and fees to provide money for local transportation projects. As expected, they voted to delay implementation until 4/1/08, in order to give the General Assembly time to make adjustments to the mix. As it stands, here are the new taxes and fees:
- 2% local rental car impact fee
- Ten cents per hundred on commercial real estate taxes
- Initial vehicle registration fees of 1%
- Congestion relief fee of $.40/$100 – paid by real estate sellers
- $10 annual vehicle license fee
- $10 motor vehicle inspection fee
- Auto repair exemption removal – would charge 5% sales tax
- Regional gas tax of 2%
And donβt forget the tolls π
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