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2013 SESSION

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HB 2335 Transportation Revenue Fund; established, report.

Introduced by: David E. Yancey | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Transportation Revenue Fund. Establishes the Transportation Revenue Fund and dedicates revenues attributable to economic growth from Virginia's cargo marine terminals to the Fund. The bill also provides that if the operations at one or more ports of Virginia are turned over to a private entity, the money paid by the private entity to the Commonwealth shall be deposited to the Fund. Moneys in the Fund shall be used solely for the construction of new roads in any locality in which a port is located and for the extension of such roads into other localities if the extension is an integral part of the new road.


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