January 31, 2007
One of the hot button issues that carried over from last year's session is transportation. It looked like there was some progress, but legislatures may be facing another road block.
Republican state senators agreed on a transportation reform plan just weeks ago that would raise some regional taxes. Now Sen. John Chichester, who is a republican and chairman of the Financial Committee says he has a plan of his own that is expected to add a five percent sales tax to gasoline.
In the House of Representatives--a committee voted to reform, not repeal, the payday loan industry. Instead of limiting how much lenders can charge on interest, they limited the number of loans borrowers can take out and extend the time to pay it off.
Also, motorcyclists won't be able to legally ride on Virginia's scenic highways without a helmet, but the House is looking at reducing fines from as $250 to $25.
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