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2006 SPECIAL SESSION I

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HB 5048 Highway Bridge Fund; created.

Introduced by: L. Scott Lingamfelter | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

State secondary highway system; state urban highway system; allocation of highway construction funds; distribution of certain individual income tax revenue to localities for transportation.  Transfers control of the present state secondary highway system to counties, abolishes the state urban highway system,  establishes a Virginia Highway Bridge Fund, and returns to each locality 20% of the individual income tax revenue that was generated in the locality to be used solely for transportation purposes.  The bill becomes effective July 1, 2007.


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