Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: SUNDAY, December 5, 1993 TAG: 9312050073 SECTION: VIRGINIA PAGE: C7 EDITION: STATE SOURCE: Associated Press DATELINE: WILLIAMSBURG LENGTH: Short
The General Assembly needs to raise $24 billion for roads and other transportation projects over the next two decades, Senate Majority Leader Hunter Andrews, D-Hampton, told state senators at a briefing on the upcoming state budget Friday. Andrews, chairman of the Senate Finance Committee, said the General Assembly may need to hold a special session next year to determine how to raise the money.
State officials already foresee a need for $19 billion more for highway construction projects through the year 2010 than can be paid for by current taxes.
Legislators had considered a hike in the state gas tax to pay for road improvements. But that effort was virtually derailed this week when Gov.-elect George Allen threatened to veto any tax increases, including a gas tax.
by CNB