Capital outlay projects; issuance of bonds for facilities and other projects therefor, etc. (SB5001)

Introduced By

Sen. Chuck Colgan (D-Manassas)

Description

Capital outlay projects; planning and funding. Creates a process for determining state capital outlay projects to be funded in a rolling six-year plan including (i) creating the Six-year Capital Outlay Advisory Committee that will receive proposed projects from state agencies and compile a six-year list of projects for the Governors and the General Assemblys consideration prior to the 2009 Session; (ii) requesting that the Governor consider the Advisory Committees list and then submit his suggested six-year capital outlay plan for consideration by the 2009 General Assembly Session. After the General Assembly passes a bill creating the six-year capital outlay plan, the Advisory Committee and the Governor will annually carry out their functions in the nature of suggested modifications to that plan for consideration by the General Assembly. The bill also provides almost $1.5 billion in funding for specific capital projects, with $437,671,000 of that amount being in proceeds from bonds to be issued by the Virginia Public Building Authority, and $964,593,000 of that amount being from bonds to be issued by the Virginia College Building Authority, and the remainder from general funds.

Outcome

In the News

Citizens Decry Gerrymandering in Redistricting

April 4, 2011
Community leaders and concerned citizens turned out en masse Monday to protest proposed redistricting maps at the General Assembly's final public hearing.

No Richmond Sunlight visitors voted on this bill while voting was open.