The State: Virginia
The ride share tax: extending state and regional sales taxes to ride services
The ride share tax revenues will be dedicated to:
- “$21 million a year for mass transit systems across Virginia, replacing the use of state-backed bonds to pay for new buses”
- $154 million a year for the ailing Washington-area Metro system
- ” one-time bond payment of $50 million as Virginia’s share of a $150 million pledge with Maryland and Washington to collect an equal share of federal funding for Metro if Congress reauthorizes the expiring Passenger Rail Investment and Improvement Act”
The bill: Virginia Senate Bill 856 (2018)