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be entitled to almost $1.5 million of the tax. Other areas of distribution include: Loudoun County, $1,143,158; Fauquier County, $260,870; and Clarke Countv, $37,041.
The recordation bill also permits localities to raise the local share of the recordation tax up to 10 cents per $100 value.
The Senate plan for U.S. 58 differs significantly from that of the House, which pulls money from the Transportation Trust Fund. To balance the scale for those areas that would lose highway money, the House approved giving $60 million in recordation tax revenue to local governments.
77.3%