Gen. Assembly closes session
By Kristina Ferris | February 27, 2007The Virginia General Assembly's short session officially closed Saturday. This session saw passage of 958 bills, including a transportation bill and a budget bill that could have an effect on higher education funding. The transportation bill will take money from the general fund, comprised of revenue collected by the state through the sales tax and income tax, according to House Speaker William Howell, R-Stafford. The general fund also subsidizes K-12 education and health and human services, among other services the Commonwealth provides its citizens, Howell said. Despite recent uncertainty about funding of the transportation bill, Howell noted that funding of the bill will only take one half of one percent of the general fund, still leaving sufficient resources for other areas. Del.


