Road indebtedness, local; state to match funds generated by transportation referendum. (SB476)

Introduced By

Sen. Chuck Colgan (D-Manassas)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Local road indebtedness; state funds. Requires the Commonwealth to match dollars generated by a local transportation referendum. However, such state funds may not be used by the locality for debt service, nor shall the funds be deemed to constitute the full faith and credit of the Commonwealth. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2006Prefiled and ordered printed; offered 01/11/06 069153716
01/11/2006Referred to Committee on Transportation
01/19/2006Rereferred from Transportation (15-Y 0-N)
01/19/2006Rereferred to Finance
02/06/2006Fiscal impact statement from DPB (SB476)
02/14/2006Left in Finance (15-Y 0-N)