Transportation Capital Projects Bond Act of 2008; created. (HB3067)

Introduced By

Del. Vince Callahan (R-McLean)

Progress

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

Description

Bonds for highway construction and mass transit. Authorizes the Commonwealth Transportation Board to issue bonds in an aggregate principal amount not to exceed $2 billion (with no more than $325 million to be issued in any one fiscal year), with 84.3% of the proceeds to be used for highway construction in each highway construction district on a pro rata basis according to population, and the remaining proceeds to be used for mass trasit purposes. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/16/2007Committee
01/16/2007Presented and ordered printed 073437260
01/16/2007Referred to Committee on Appropriations
01/22/2007Assigned App. sub: Transportation (May)
01/28/2007Impact statement from DPB (HB3067)
01/31/2007Incorporated by Appropriations (HB3202-Howell, W.J.)