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2002 SESSION

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HB 1300 Public-Private Transp. Act; financing of utility crossings.

Introduced by: Ward L. Armstrong | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Public-Private Transportation Act of 1995; General Assembly approval; utility crossings. Provides that General Assembly approval shall not be required for qualifying transportation facilities that will be financed directly or indirectly by state appropriations where such financing is conditioned upon future appropriations. Such financing shall not constitute a debt or obligation of the Commonwealth Transportation Board or the Commonwealth of Virginia. Further, the costs of moving or relocating facilities owned by public service companies, public utilities, railroads, or cable television providers shall be paid for in accordance with policies of the public entity that has entered into a contract for the building of the transportation facility. Current law provides that the costs of moving or relocating such facilities shall be paid for by the private operator responsible for the acquisition, construction, improvement, maintenance and/or operation of the qualifying transportation facility.


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