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1997 SESSION

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970812324
HOUSE JOINT RESOLUTION NO. 400 Offered January 8, 1997 Prefiled December 19, 1996 Proposing an amendment to the Constitution of Virginia by adding in Article X a section numbered 12, relating to the inviolability of the Transportation Trust Fund. ---------- Patron-- Marshall ---------- Referred to Committee on Rules ----------

RESOLVED by the House of Delegates, the Senate concurring, a majority of the members elected to each house agreeing, That the following amendment to the Constitution of Virginia be, and the same hereby is, proposed and referred to the General Assembly at its first regular session held after the next general election of members of the House of Delegates for its concurrence in conformity with the provisions of Section 1 of Article XII of the Constitution of Virginia, namely:

Amend the Constitution of Virginia by adding in Article X a section numbered 12 as follows:

ARTICLE X TAXATION AND FINANCE Section 12. Inviolability of the Transportation Trust Fund.

The General Assembly shall not appropriate, use, or authorize to be used any money from the Transportation Trust Fund (the "Fund") established pursuant to § 33.1-23.03:1 for any purpose other than constructing, improving, and maintaining the roads embraced in the systems of state highways and furthering the interests of the Commonwealth in the areas of public transportation, railways, seaports, and airports, except by a two-thirds vote of the members present in each house of the General Assembly, which two-thirds shall include a majority of the members elected to that house. Money in the Fund may be invested as authorized by law.

If the General Assembly does so appropriate, use, or authorize to be used any money from the Fund, it shall provide for repayment of the money within three years from the date of the withdrawal of the money from the Fund.