Article: Next Stop, Virginia's Voters: Nearly $9B of Road Bonds on November Ballot.

Although traditionally a debt-averse state, Virginia may be just months away from the start of a $9 billion road-bond issuance bonanza -- that is, if voters agree to foot the bill with higher sales taxes.

On April 18, Gov. Mark R. Warner quietly signed a group of bills that could lead to nearly $9 billion of tax-exempt revenue bond issuance in coming years, all of which depends on the passage of sales-tax hikes in referendums this November. He acted one day after the so-called veto session, during which lawmakers returned to Richmond to consider Warner's proposed amendments to bills that the General Assembly previously approved during the annual legislative ...

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