VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2017 SESSION

• history | hilite | pdf | print version

17102820D
SENATE BILL NO. 1591 Senate Amendments in [ ] -- February 3, 2017 A BILL to impose a 36-month moratorium on the repayment of funds allocated for a bonded project pursuant to the Economic Development Access Program. ---------- Patron Prior to Engrossment--Senator Carrico ---------- Unanimous consent to introduce ---------- Referred to Committee on Finance ----------

Be it enacted by the General Assembly of Virginia:

1. § 1. Notwithstanding a resolution adopted by a locality or surety bond issued by a locality guaranteeing repayment within five years of an allocation by the Commonwealth Transportation Board, no locality that has been allocated funds for a bonded project by the Commonwealth Transportation Board pursuant to § 33.2-1509 of the Code of Virginia shall repay such funds within a 36-month period beginning on July 1, 2017 [ , provided that all of the other conditions of the Commonwealth Transportation Board’s economic develop access policy are met  ] .