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2010 SESSION
SB 541 Transportation Capital Projects Revenue Bonds; used for new road or highway construction projects.
Introduced by: Stephen D. Newman | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Commonwealth of Virginia Transportation Capital Projects Revenue Bonds. Provides that at least 50 percent of the proceeds of Commonwealth of Virginia Transportation Capital Projects Revenue Bonds would be used for new road or highway construction projects. The bill defines a new road or highway construction project as the construction of, enhancement of, or addition to a road or highway (or a portion or segment of a road or highway), which construction, enhancement, or addition did not commence prior to January 1, 2010. Commonwealth of Virginia Transportation Capital Projects Revenue Bonds were authorized for issuance in 2007 pursuant to House Bill No. 3202.
FULL TEXT
HISTORY
- 01/13/10 Senate: Prefiled and ordered printed; offered 01/13/10 10102264D
- 01/13/10 Senate: Referred to Committee on Finance
- 02/16/10 Senate: Left in Finance