Tracking Virginia’s General Assembly
since 2007.
HB2475: Highway revenue-sharing funds; eliminates four-tier priority system for distributions thereof.
Chief Patron
Del.
Anne Crockett-Stark (R-6)
Anne Crockett-Stark
(R-6)
Wytheville, VA
Served: 2006–
Progress
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
Summary
Highway Revenue-Sharing Funds. Eliminates the four-tier priority system for distributions of so-called Revenue-Sharing Funds to localities. The bill also eliminates the requirement that, for contracts administered by VDOT, payment of the local match requirement within 30 days of written notice from VDOT of its intent to proceed. The bill eliminates the requirement that no more than one-half of a locality's match may take the form of proffers. The bill requires that the Commonwealth Transportation Board annually allocate at least $50 million to this program.
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