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2007 SESSION
HB 1712 Transportation Capital Projects Bond Debt Service Fund; created.
Introduced by: Vincent F. Callahan, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Virginia Public Building Authority; prison construction. Authorizes (i) the Virginia Public Building Authority to issue bonds in an amount not to exceed $106,500,000 for the construction of a medium security prison in the Mt. Rogers Planning District, and for state parks; (ii) the Virginia College Building Authority to issue bonds not to exceed $241,835,488 to fund the costs of numerous capital projects at public institutions of higher education; and (iii) authorizes the Commonwealth Transportation Board (CTB) to issue bonds in an amount not to exceed $2 billion for transportation purposes. The bill dedicates certain insurance premium tax revenue, and $163 million in surplus funds to pay debt service on the bonds issued by the CTB. The remaining surplus of $64 million is appropriated to the Transportation Trust Fund.
FULL TEXT
- 12/15/06 House: Prefiled and ordered printed; offered 01/10/07 074381129 pdf | impact statement
- 02/01/07 House: Committee substitute printed 073461260-H1 pdf
- 02/03/07 House: Floor substitute printed 073492260-H2 (Callahan) pdf
HISTORY
- 12/15/06 House: Prefiled and ordered printed; offered 01/10/07 074381129
- 12/15/06 House: Referred to Committee on Appropriations
- 01/10/07 House: Assigned App. sub: Capital Outlay (Ingram)
- 01/31/07 House: Reported from Appropriations with substitute (24-Y 0-N)
- 02/01/07 House: Committee substitute printed 073461260-H1
- 02/02/07 House: Read first time
- 02/03/07 House: Read second time
- 02/03/07 House: Committee substitute rejected 073461260-H1
- 02/03/07 House: Floor substitute printed 073492260-H2 (Callahan)
- 02/03/07 House: Substitute by Delegate Callahan agreed to 073492260-H2
- 02/03/07 House: Engrossed by House - floor substitute HB1712H2
- 02/05/07 House: Read third time and passed House (97-Y 1-N)
- 02/05/07 House: VOTE: PASSAGE (97-Y 1-N)
- 02/05/07 House: Communicated to Senate
- 02/06/07 Senate: Constitutional reading dispensed
- 02/06/07 Senate: Referred to Committee on Transportation
- 02/12/07 Senate: Reported from Transportation (11-Y 0-N)
- 02/12/07 Senate: Motion to rerefer to committee agreed to
- 02/12/07 Senate: Rereferred to Finance
- 02/20/07 Senate: Left in Finance