New transportation funding would support the growth of Northern Virginia's technology economy
HERNDON, Va., Jan. 18, 2013 /PRNewswire-USNewswire/ -- The Northern Virginia Technology Council (NVTC) today announced its support of Gov. Bob McDonnell's transportation funding plan. In backing the plan, NVTC President and CEO Bobbie Kilberg made the following statement on behalf of NVTC and its membership:
"NVTC supports Governor McDonnell's bold action in introducing a plan to address Virginia's transportation challenges through new, long-term, sustainable and dedicated funding sources that will keep pace with Virginia's economic growth. By proposing this legislation, Governor McDonnell has elevated transportation funding as a priority issue before the General Assembly this year and provided a specific plan for action. We are optimistic that this year's legislative session will finally produce the new transportation funds that are critical to supporting the growth of Northern Virginia's technology economy and the long-term economic health of the Commonwealth.
While NVTC supports federal Internet sales tax legislation as a component of the Governor's revenue plan, we do so only if there is a reasonable small seller collection exemption to protect small Virginia technology businesses from new burdens, a single audit requirement across all states so small Virginia businesses do not face audits in multiple states, and a one-stop tax registration and remittance process for technology businesses operating in multiple states. We encourage the Governor to champion these principles on the federal level as his proposal moves through the General Assembly."
For more information on NVTC's 2013 Legislative Agenda, visit www.nvtc.org/advocacy.
The Northern Virginia Technology Council (NVTC) is the membership and trade association for the technology community in Northern Virginia. As the largest technology council in the nation, NVTC serves about 1,000 companies from all sectors of the technology industry, as well as service providers, universities, foreign embassies, nonprofit organizations and governmental agencies. Through its member companies, NVTC represents about 200,000 employees in the region. NVTC is recognized as the nation's leader in providing its technology community with networking and educational events; specialized services and benefits; public policy advocacy; branding of its region as a major global technology center; initiatives in targeted business sectors and in the international, entrepreneurship, workforce and education arenas; the Equal Footing Foundation, a 501(c)(3) nonprofit charity that serves local area youth; and The Entrepreneur Center @NVTC, which mentors new technology entrepreneurs. Visit NVTC at www.nvtc.org.
SOURCE Northern Virginia Technology Council