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2016 SESSION
HB 1067 Bonds; tolls on I-66.
Introduced by: S. Chris Jones | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Bonds; tolls on I-66. Authorizes the Treasury Board to issue bonds pursuant to Article X, Section 9 (c) of the Constitution of Virginia in an amount up to $1.5 billion plus financing costs to finance the costs of acquiring, constructing, and equipping dynamically tolled lanes on a portion of Interstate 66. Issuance of the bonds is contingent on the Transportation Public-Private Partnership Advisory Committee, prior to January 1, 2018, finding that the issuance is necessary due to the inability of private parties to meet the term sheet published by the Department of Transportation in September 2015 pursuant to the procurement initiated under the Public-Private Transportation Act of 1995.
FULL TEXT
- 01/13/16 House: Prefiled and ordered printed; offered 01/13/16 16103031D pdf | impact statement
- 02/12/16 House: Committee substitute printed to Web only 16104715D-H1 pdf
HISTORY
- 01/13/16 House: Prefiled and ordered printed; offered 01/13/16 16103031D
- 01/13/16 House: Referred to Committee on Appropriations
- 01/19/16 House: Assigned App. sub: Transportation
- 02/12/16 House: Subcommittee recommends continuing to 2017 by voice vote
- 02/12/16 House: Committee substitute printed to Web only 16104715D-H1
- 02/12/16 House: Continued to 2017 in Appropriations with substitute by voice vote