c Richmond Sunlight » 2007 » Constitutional amendment; Transportation Funds (first reference). (SJ58)

Constitutional amendment; Transportation Funds (first reference). (SJ58)

Introduced By

Sen. Tommy Norment (R-Williamsburg)

Progress

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

Description

Constitutional amendment (first resolution); Transportation Funds. Requires the General Assembly to maintain permanent and separate Transportation Funds to include the Commonwealth Transportation Fund, Transportation Trust Fund, and Highway Maintenance and Operating Fund. All revenues dedicated to Transportation Funds on January 1, 2006, by general law, other than a general appropriation law, shall be deposited to the Transportation Funds, unless the General Assembly by general law, other than a general appropriation law, alters the revenues dedicated to the Funds. The amendment limits the use of Fund moneys to transportation and related purposes. The General Assembly may borrow from the Funds for other purposes only by a vote of two-thirds plus one of the members voting in each house, and the loan or reduction must be repaid with reasonable interest within four years. This proposed constitutional amendment is identical to the amendment proposed in HJR 80. Read the Bill »

Outcome

Bill Has Failed

History

  • 01/10/2006 Prefiled and ordered printed; offered 01/11/06 060868780
  • 01/10/2006 Referred to Committee on Privileges and Elections
  • 01/17/2006 Continued to 2007 in Privileges and Elections (14-Y 0-N) (see vote tally)