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2004 SESSION

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SJ 60 Constitutional amendment; Transportation Trust Fund (first reference).

Introduced by: Martin E. Williams | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Constitutional amendment (first resolution); Transportation Trust Fund. Provides that the Transportation Trust Fund established in 1986 will be a permanent fund and be funded annually by the General Assembly by appropriations equivalent to 78 percent of the revenues generated by the 1986 package of tax and fee increases. The remaining 22 percent may be appropriated to the Commonwealth Port, Airport, and Mass Transit Funds. The amendment limits the use of Trust Fund moneys to current highway construction, reconstruction, maintenance, and improvements. This resolution was incorporated into a substitute for SJR 18 that was reported by the Senate Committee on Privileges and Elections.

FULL TEXT

• 01/14/04  Senate: Presented & ordered printed, prefiled 01/14/04 044780848  pdf

HISTORY

• 01/14/04  Senate: Presented & ordered printed, prefiled 01/14/04 044780848
• 01/14/04  Senate: Referred to Committee on Privileges and Elections
• 02/03/04  Senate: Incorporated by P.& E. (SJ18-Howell) (15-Y 0-N)