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This Just In: VA Supreme Court To Northern Virginia: No New Taxes!!

By
Real Estate Agent with Long & Foster
No greenToday the Virginia Supreme Court ruled that the Northern Virginia Transportation Authority is unconstitutional. You can read the entire decision here.
The NVTA was created by the Virginia General Assembly earlier this year, to levy taxes for Northern Virginia transportation projects. I wrote about these increases in more detail back on July.
In an unanimous opinion, the court said that legislators improperly delegated taxing powers to the unelected members of the NVTA.
Tax signThis decisions affects the recent increase in the grantors/transfer tax homeowners pay when they sell their homes, in addition to some other taxes that were increased in in January to help pay for the $300 million needed in bonds to finance planned transportation projects.
It’s still unclear what happens next. It’s also unclear whether people who have paid the higher grantor tax will be refunded. If you fall into this category, contact your state representative or your title company for more information. As of this afternoon – no one really knows.
But late this afternoon, Arlington County released a press release urging the Virginia General Assembly to “act quickly” to fund the project already planned.
In Arlington, these project are:
  • Rosslyn Metro station access improvements
  • Columbia Pike streetcar
  • Crystal City/Potomac Yard transit improvements
  • Columbia Pike improvements
  • Re-alignment of existing roadway on Wilson Blvd
  • Old Dominion Drive multi-modal improvements
  • Lee Highway at Harrison Street improvements

Man on tracksMore broadly, the other major Northern Virginia projects impacted by this decision are:
$28M for improvements to the Fairfax County Parkway $15M to widen the Prince William Parkway from four lanes to six lanes between Hoadly Road & Old Bridge Road $11M for improves bus service between the Braddock Road metro stop in Alexandria and the Crystal City/Potomac Yard corridor.
What’s not been said here is that Metro-to-Dulles project will have even more problems to deal with as the projects struggles to get started. Once again, the Northern Virginia commuter is left stranded by its government in Richmond.
People who relocate here from other parts of the country always ask me why there is no metro extending to areas where people really live in affordable neighborhoods. I always tell them– it’s because the capital of Virginia is in Richmond. And don’t you ever forget that.

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Comments (2)

Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Mary:

People who paid the grantor's tax will be refunded, but need to contact the NVTA directly.  Word came in from attorneys yesterday.  Perhpas they will get their money back before the end of the year...I'm sure it won't be a rush.

 

Mar 01, 2008 01:27 AM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

This is good news indeed!

Oct 08, 2009 10:30 PM