Constitutional amendment; Transportation Funds. (HJ584)

Introduced By

Del. Vivian Watts (D-Annandale)

Progress

Introduced
Passed Committee
Passed House
Passed Senate

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, Highway Maintenance and Operating Fund, Priority Transportation Fund, and any other transportation fund established by general law, other than a general appropriation law. All revenues dedicated to Transportation Funds on January 1, 2013, 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 requires Funds be appropriated only for such transportation systems and projects as authorized by the General Assembly by law, but excluding a general appropriation law. 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 three years. Read the Bill »

Status

01/25/2013: Merged into HB1708

History

DateAction
12/27/2012Committee
12/27/2012Prefiled and ordered printed; offered 01/09/13 13101992D
12/27/2012Referred to Committee on Privileges and Elections
01/11/2013Assigned P & E sub: Constitutional Amendments Subcommittee
01/21/2013Subcommittee recommends incorporating (HJ622-Jones)
01/25/2013Incorporated by Privileges and Elections (HJ622-Jones)