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2012 SESSION
12100742DBe it enacted by the General Assembly of Virginia:
1. That § 33.1-12.01 of the Code of Virginia is amended and reenacted as follows:
§ 33.1-12.01. Fees for participating in the Integrated Directional Sign Program.
In addition to the duties set forth in § 33.1-12 of the Code of Virginia, the
Commonwealth Transportation Board shall establish reasonable fees to be
collected by the Commissioner of Highways from any qualified entity for the
purpose of participating in the Integrated Directional Sign Program (IDSP)
administered by the Department of Transportation or its agents that is designed
to provide information to the motoring public relating to gasoline and motor
vehicle services, food, lodging, attractions,
retail, or other categories as defined by the IDSP. Such
fees shall be deposited into a special fund specifically accounted for and used
by the Commissioner solely to defray the actual costs of supervising and
administering the signage programs. Included in these costs shall be a
reasonable margin, not to exceed ten percent, in the nature of a reserve Fund.