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2008 SPECIAL SESSION II

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089532784
HOUSE JOINT RESOLUTION NO. 6006 FLOOR AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by Delegate Watts on July 9, 2008) (Patron Prior to Substitute--Delegate Suit) Proposing an amendment to the Constitution of Virginia by adding in Article X a section numbered 7-B, relating to special funds for regional transportation purposes.

RESOLVED by the House of Delegates, the Senate concurring, a majority of the members elected to each house agreeing, That the following amendment to the Constitution of Virginia be, and the same hereby is, proposed and referred to the General Assembly at its first regular session held after the next general election of members of the House of Delegates for its concurrence in conformity with the provisions of Section 1 of Article XII of the Constitution of Virginia, namely:

Amend the Constitution of Virginia by adding in Article X a section numbered 7-B as follows:

ARTICLE X TAXATION AND FINANCE

Section 7-B. Special regional transportation funds.

The General Assembly may provide for the establishment of one or more special, permanent, and separate regional transportation funds created in the state treasury for the regions and transportation purposes specified by law enacted pursuant to this section only by a vote equal to or greater than a majority of the members elected to each house. The name of each member voting and how he voted shall be recorded in the journal.  All interest, dividends, and appreciation accruing to the special fund shall be part of the fund.

If the General Assembly establishes a special regional transportation fund and dedicates to it certain revenues raised in the region, thereafter the General Assembly shall appropriate annually to the special fund such regional revenues so dedicated and shall appropriate such revenue only for those purposes for which the fund is established.

For any special fund established pursuant to this section, the General Assembly may appropriate amounts raised in the region dedicated to the special fund for purposes other than those for which the fund is established, change the purposes for which the special fund is established, or decrease the revenues raised in the region dedicated to the special fund, only by a vote equal to or greater than four-fifths of the members voting in each house. The name of each member voting and how he voted shall be recorded in the journal. Any dedicated revenue raised in the region thereby appropriated from a special fund for purposes other than those for which the fund is established shall be repaid to the fund not later than four years after the date on which the appropriation became effective.

The General Assembly shall enact the laws necessary to implement the provisions of this section.