Constitutional amendment; funds for transportation purposes. (SJ5016)

Introduced By

Sen. Janet Howell (D-Reston)

Progress

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

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 other funds dedicated to transportation by general law. All revenues dedicated to Transportation Funds on July 1, 2006, 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 limits the use of Fund moneys to transportation and related purposes. 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. The amendment limits the use of general and other non-transportation funds for transportation purposes except for certain debt service payments and, additionally, in an amount not to exceed $80 million in any fiscal year. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
04/19/2006Presented and ordered printed 060436129
04/19/2006Referred to Committee on Privileges and Elections
05/12/2006Reported from Privileges and Elections (14-Y 0-N)
05/12/2006Read first time
05/12/2006Engrossed by Senate
05/12/2006Reading waived (33-Y 0-N)
05/12/2006VOTE: (33-Y 0-N)
05/12/2006Agreed to by Senate (32-Y 1-N)
05/12/2006VOTE: (32-Y 1-N)
05/12/2006Communicated to House
05/18/2006Placed on Calendar
05/18/2006Referred to Committee on Privileges and Elections
09/28/2006Left in Privileges and Elections