Last week, Virginia Governor Kaine signed into law the bill that makes the Northern Virginia Tranportation Authority Tax unconstitutional, and sets the timelines for refunding the money collected from home sellers since January 1, 2008. You can review a copy of the bill the Governor signed at www.hb3202.virginia.gov.
The timelines do indicate the various clerks of the court that received these funds from settlement companies/ agents, have sixty days to develop guidelines to return the money to these companies that collected the funds at settlement. From there, the settlement companies/agents have ninety days from the date they receive the funds from the clerk, to get the refund to the home sellers who paid this unconstitutional tax.
For more information on the issue, you can log on to www.thenovaauthority.org. This continues to be the site where inquiries regarding these refunds are being directed.
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