The Virginia General Assembly gave final approval on Saturday to legislation that is projected to raise more than $800 million for transportation over the next five years.

The law, a compromise between Gov. Bob McDonnell's original plan and a plan backed by state Senate Democrats, would cut the commonwealth's current 17.5 cents-per-gallon gas tax and replace it with a 3.5% wholesale tax paid by gasoline distributors and a 6% tax paid by diesel distributors. It would increase the general sales tax on Virginia purchases to 5.3% from 5% and impose several other smaller tax increases and fees.

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