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2007 SESSION

• | print version

HB 2475 Highway revenue-sharing funds; eliminates four-tier priority system for distributions thereof.

Introduced by: Anne B. Crockett-Stark | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Highway Revenue-Sharing Funds.  Eliminates the four-tier priority system for distributions of so-called Revenue-Sharing Funds to localities. The bill also eliminates the requirement that, for contracts administered by VDOT, payment of the local match requirement within 30 days of written notice from VDOT of its intent to proceed. The bill eliminates the requirement that no more than one-half of a locality's match may take the form of proffers. The bill requires that the Commonwealth Transportation Board annually allocate at least $50 million to this program.

FULL TEXT

• 01/09/07  House: Prefiled and ordered printed; offered 01/10/07 076310285  pdf | impact statement

HISTORY

• 01/09/07  House: Prefiled and ordered printed; offered 01/10/07 076310285
• 01/09/07  House: Referred to Committee on Transportation
• 01/23/07  House: Referred from Transportation by voice vote
• 01/23/07  House: Referred to Committee on Appropriations
• 01/25/07  House: Assigned App. sub: Transportation (May)
• 02/06/07  House: Left in Appropriations