Offshore drilling; royalties to be deposited in Transportation Trust Fund, etc. (SB601)
Introduced By
Sen. Frank Wagner (R-Virginia Beach) with support from 9 copatrons, whose average partisan position is:
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Royalties from offshore drilling. Requires that at least 80 percent of any revenues and royalties paid to the Commonwealth as a result of offshore natural gas and oil drilling shall be deposited to the Transportation Trust Fund. View Full Text »
Outcome
Bill Has Failed
View Bill's History

