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SB721: Highway improvements; expands present revenue-sharing fund program.

Chief Patron

Sen. Dick Saslaw (D-35)

Dick Saslaw (D-35)
Served: 1980–

Progress

Yes Introduced
Yes Passed Committee
Yes Passed House
Yes Passed Senate
Yes Signed by Governor
Yes Became Law

Status

04/07/2006: signed by governor

View Entire History

Summary

Revenue-sharing funds for systems in certain counties, cities, and towns. Expands the present revenue-sharing fund program for counties to include cities and towns as well. The annual match limit is raised to $1 million per locality, and the total limit on state funds is raised to $50 million. Up to half of local contributions may take the form of proffers. Since the program now applies to all localities (not just counties), the present section embodying the program is repealed, and the new program is relocated to the article of Chapter 1 of Title 33.1 dealing with overall allocations of highway improvement funds.   View Full Text »

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Bill Text

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