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2005 SESSION
HJ 527 Constitutional amendment; Highway and Transportation Trust Funds continued (first reference).
Introduced by: Robert F. McDonnell | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Constitutional amendment (first resolution); Transportation Funds. Requires the General Assembly to maintain permanent and separate Transportation Funds to include the Commonwealth Transportation Fund, Transportation Trust Fund, and Highway Maintenance and Operating Fund. All revenues dedicated to Transportation Funds on January 1, 2005, by general law, other than a general appropriation law, shall be deposited to the Transportation Funds, unless the General Assembly by general law, other than a general appropriation law, alters the revenues dedicated to the Funds. The amendment limits the use of Fund moneys to transportation and related purposes. The General Assembly may borrow from the Funds for other purposes only by a vote of two-thirds plus one of the members voting in each house, and the loan or reduction must be repaid with reasonable interest within four years. This resolution incorporates HJRs 541, 550, 562, 563, 585, 642. 644, 717, and 771.
FULL TEXT
- 10/06/04 House: Prefiled & ordered printed; offered 01/12/05 058831404 pdf
- 02/04/05 House: Committee substitute printed 050350404-H1 pdf
HISTORY
- 10/06/04 House: Prefiled & ordered printed; offered 01/12/05 058831404
- 10/06/04 House: Referred to Committee on Privileges and Elections
- 02/04/05 House: Reported from P. & E. w/substitute (20-Y 0-N)
- 02/04/05 House: Committee substitute printed 050350404-H1
- 02/07/05 House: Taken up
- 02/07/05 House: Committee substitute agreed to 050350404-H1
- 02/07/05 House: Engrossed by House - committee substitute HJ527H1
- 02/07/05 House: Agreed to by House (89-Y 8-N)
- 02/07/05 House: VOTE: ADOPTION (89-Y 8-N)
- 02/07/05 House: Communicated to Senate
- 02/08/05 Senate: Reading waived
- 02/08/05 Senate: Referred to Committee on Privileges and Elections
- 02/15/05 Senate: Rereferred from P.& E. (13-Y 1-N)
- 02/15/05 Senate: Rereferred to Finance
- 02/17/05 Senate: Left in Finance