Constitutional amendment; establishment of special regional transportation funds (first reference). (HJ6006)

Introduced By

Del. Terrie Suit (R-Virginia Beach) with support from co-patrons Del. Mark Cole (R-Fredericksburg), Del. Sal Iaquinto (R-Virginia Beach), and Sen. John Cosgrove (R-Chesapeake)

Progress

Introduced
Passed Committee
Passed House
Passed Senate

Description

Constitutional amendment (first resolution); establishment of special funds. Authorizes the General Assembly to establish one or more special funds for defined regional transportation needs and to dedicate a revenue stream to the fund. If the General Assembly establishes a special fund and dedicates to it revenues including any taxes or fees, the General Assembly must continue appropriating the dedicated revenues to the fund. However, by a four-fifths vote of the members voting in each house, any such special fund may be abolished, the purposes for which the fund is established may be changed, the revenue sources may be decreased, and the General Assembly may borrow from the fund for other purposes. Borrowed funds must be repaid to the fund within four years. Read the Bill »

Status

06/23/2008: Awaiting a Vote in the Privileges and Elections Committee

History

DateAction
06/23/2008Presented and ordered printed 080544744
06/23/2008Referred to Committee on Privileges and Elections

Duplicate Bills

The following bills are identical to this one: SJ6001.