PPTA; private entity to pay costs for independent audit of all traffic and cost estimates. (HB627)

Introduced By

Del. Joe May (R-Leesburg)

Progress

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

Description

PPTA. Requires that projects undertaken under the Public-Private Transportation Act of 1995 (PPTA) be part of the Commonwealth Transportation Board's six-year improvement plan. The bill also requires that the responsible public entity must conduct a traditional public hearing on any proposal prior to granting approval of the development and/or operation of the transportation facility or facilities as a qualifying transportation facility. In addition, the responsible public entity must require the private entity to pay the costs for an independent verification of any traffic and cost estimates associated with the private entity's proposal and also provide a full accounting of all public costs and potential liabilities to which taxpayers would be exposed, with all such information to be fully disclosed prior to entering into any interim agreement. Finally, the responsible public entity would be required in evaluating the proposal to give priority to projects in which the private entity will invest equity in a toll project or purchase a certain percentage of bonds issued in connection with a toll project. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/08/2008Committee
01/08/2008Prefiled and ordered printed; offered 01/09/08 083448568
01/08/2008Referred to Committee on Transportation
01/14/2008Assigned Transportation sub: 1
01/22/2008Reported from Transportation with substitute (20-Y 0-N) (see vote tally)
01/23/2008Committee substitute printed 083507620-H1
01/24/2008Read first time
01/25/2008Read second time
01/25/2008Committee substitute agreed to 083507620-H1
01/25/2008Engrossed by House - committee substitute HB627H1
01/28/2008Read third time and passed House BLOCK VOTE (99-Y 0-N)
01/28/2008VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
01/28/2008Communicated to Senate
01/29/2008Constitutional reading dispensed
01/29/2008Referred to Committee on Transportation
01/29/2008Impact statement from DPB (HB627H1)
02/14/2008Reported from Transportation with amendments (15-Y 0-N)
02/18/2008Constitutional reading dispensed (40-Y 0-N)
02/19/2008Read third time
02/19/2008Reading of amendments waived
02/19/2008Committee amendments agreed to
02/19/2008Engrossed by Senate as amended
02/19/2008Passed Senate with amendments (39-Y 0-N)
02/20/2008Placed on Calendar
02/21/2008Passed by for the day
02/22/2008Passed by for the day
02/25/2008Senate amendments agreed to by House (96-Y 0-N)
02/25/2008VOTE: --- ADOPTION (96-Y 0-N)
02/27/2008Enrolled
02/27/2008Bill text as passed House and Senate (HB627ER)
02/27/2008Impact statement from DPB (HB627ER)
02/27/2008Signed by Speaker
02/28/2008Signed by President
03/04/2008G Approved by Governor-Chapter 296 (effective 7/1/08)
03/11/2008G Acts of Assembly Chapter text (CHAP0296)