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2007 SESSION

• | print version

SB 1163 Transportation Trust Fund; additional sources of revenues.

Introduced by: J. Brandon Bell, II | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Transportation Trust Fund; additional sources of revenues. Dedicates for transportation purposes all insurance license tax revenues relating to automobile insurance policies. The bill also creates a new source of revenue for the transportation. Upon conviction of certain dangerous driving offenses and traffic infractions for which the Department of Motor Vehicles assigns six demerit points, a court shall order the offender to make a payment into the Transportation Trust Fund. The court shall collect the payments on behalf of the Commonwealth and remit the payments to the Fund. Finally, the bill dedicates the unallocated funds in the first year of the 2006-2008 budget to the Transportation Trust Fund.

FULL TEXT

• 01/10/07  Senate: Prefiled and ordered printed; offered 01/10/07 077457700  pdf | impact statement

HISTORY

• 01/10/07  Senate: Prefiled and ordered printed; offered 01/10/07 077457700
• 01/10/07  Senate: Referred to Committee on Finance
• 02/07/07  Senate: Left in Finance