Constitutional amendment; Transportation Trust Fund, continued (first reference). (SJ83)

Introduced By

Sen. Ken Cuccinelli (R-Fairfax)

Progress

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

Description

Constitutional amendment (first resolution); Transportation Trust Fund. Provides that the Transportation Trust Fund established in 1986 will be a permanent fund and be funded annually by the General Assembly by appropriations equivalent to the revenues generated by the 1986 package of tax and fee increases or the appropriation for the fiscal year ending June 30, 2005, whichever is greater. The amendment limits the use of Trust Fund moneys to highway construction, improvements, administration, and maintenance, and to improve public transportation, railways, seaports, and airports. The General Assembly may borrow from the Fund for other purposes or reduce the level of required appropriations to the Fund only by a three-fifths vote of members in each house, and the loan or reduction must be repaid within four years. Read the Bill »

Outcome

Bill Has Failed

History

  • 01/10/2006 Prefiled and ordered printed; offered 01/11/06 063193720
  • 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)