Governor McDonnell signs transportation bill
Updated On: May 13 2013 12:10:39 PM CDT
Gov. Bob McDonnell scheduled a ceremonial signing Monday for a transportation bill that was one of his top legislative priorities this year.
The ceremonial signing was organized at the Capitol 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.
Copyright © 2014 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.