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

Duplicate Bills

The following bills are identical duplicates of this one: HB756.