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2017 SESSION

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SB 1209 Virginia Highway Corporation Act of 1988; powers of State Corporation Commission.

Introduced by: Jennifer T. Wexton | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Highway Corporation Act of 1988. Gives the State Corporation Commission discretion to approve any request to increase tolls on the Dulles Greenway by a specified annual percentage increase. The measure also gives the Commission discretion to approve an additional increase in such tolls based on increases in local property taxes when requested by the operator. Currently the Commission is required to approve such requests for toll increases.


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