Transportation Trust Fund; increases percentage portion of general fund surplus that is deposited. (SB872)
Introduced By
Sen. Jeff McWaters (R-Virginia Beach)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Assignment of general fund balance; Transportation Trust Fund. Increases from 67 percent to 75 percent the portion of the general fund surplus remaining at the end of each fiscal year that is deposited into the Transportation Trust Fund. Such deposit takes place after deposits are made to the Revenue Stabilization Fund and the Water Quality Improvement Fund and other statutorily mandated commitments are met. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/04/2013 | Prefiled and ordered printed; offered 01/09/13 13100568D |
| 01/04/2013 | Referred to Committee on Finance |
| 01/23/2013 | Impact statement from DPB (SB872) |
| 02/06/2013 | Left in Finance |