Defense Facility and Transportation Improvement Fund and Program; created. (HB1700)

Introduced By

Del. Scott Lingamfelter (R-Woodbridge)

Progress

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

Description

Virginia Defense Facility and Transportation Improvement Fund and Program. Establishes the Virginia Defense Facility and Transportation Improvement Fund and Program. The Fund is to consist of $36 million of annual collections of state recordation taxes. Its proceeds are to be allocated by the Commonwealth Transportation Board to highway construction districts wherein federal defense facilities or bases are expanded as the result of actions of the Base Realignment and Closure Commission, and are to be used for transportation infrastructure improvements. The bill requires that matching funds be provided by the locality or localities in which a project will be located as a prerequisite to allocations from the Fund. The provisions of the bill would expire on July 1, 2011. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/15/2006Committee
12/15/2006Prefiled and ordered printed; offered 01/10/07 076288380
12/15/2006Referred to Committee on Transportation
01/16/2007Impact statement from DPB (HB1700)
01/23/2007Referred to Committee on Appropriations
01/25/2007Assigned App. sub: Transportation (May)