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2007 SESSION

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HB 2698 Northern Virginia Transportation District Fund; dedication of matching funds.

Introduced by: Timothy D. Hugo | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Northern Virginia Transportation District Fund; dedication of state matching funds to the Washington Metropolitan Area Transit Authority.  Dedicates, through the year 2018, any additional funds that may be distributed to the Northern Virginia Transportation District Fund as a result of the 2007 Session  of the General Assembly increasing the recordation tax revenue distributed to localities pursuant to § 58.1-816 to the Washington Metropolitan Area Transit Authority (WMATA) to provide funds to the Authority as may be required under federal law for the payment of certain federal funds to WMATA, the funds to be used for capital improvements for WMATA's transit service (Metro). The bill expires June 30, 2008, if such federal law is not in effect on that date.

FULL TEXT

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 071940332  pdf | impact statement

HISTORY

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 071940332
• 01/10/07  House: Referred to Committee on Finance
• 01/18/07  House: Assigned Finance sub: #2 (Ware, R.L.)
• 02/06/07  House: Left in Finance