Offshore drilling; royalties to be deposited in Transportation Trust Fund, etc. (SB601)

Introduced By

Sen. Frank Wagner (R-Virginia Beach) with support from 9 copatrons, whose average partisan position is:

Those copatrons are Sen. Harry Blevins (R-Chesapeake), Sen. Robert Hurt (R-Chatham), Sen. Steve Martin (R-Chesterfield), Sen. Ryan McDougle (R-Mechanicsville), Sen. Steve Newman (R-Forest), Sen. Frank Ruff (R-Clarksville), Sen. Ralph Smith (R-Roanoke), Sen. Walter Stosch (R-Glen Allen), Sen. Jill Holtzman Vogel (R-Winchester)

Progress

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

Description

Royalties from offshore drilling.  Requires that at least 80 percent of any revenues and royalties paid to the Commonwealth as a result of offshore natural gas and oil drilling shall be deposited to the Transportation Trust Fund. Amends § 67-301, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/13/2010Presented and ordered printed 10102270D
01/13/2010Referred to Committee on Finance
02/02/2010Committee substitute printed 10104964D-S1
02/02/2010Reported from Finance with substitute (11-Y 4-N) (see vote tally)
02/03/2010Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/04/2010Read second time
02/04/2010Passed by for the day
02/08/2010Read second time
02/08/2010Reading of substitute waived
02/08/2010Committee substitute agreed to 10104964D-S1 (23-Y 17-N) (see vote tally)
02/08/2010Title replaced 10104964D-S1
02/08/2010Engrossed by Senate - committee substitute SB601S1
02/08/2010Impact statement from DPB (SB601S1)
02/09/2010Passed by for the day
02/10/2010Pusuant to rule 20F
02/10/2010Read third time
02/10/2010Previous question, not ordered (19-Y 21-N) (see vote tally)
02/10/2010Motion to recommit to committee agreed to (22-Y 18-N) (see vote tally)
02/10/2010Recommitted to Finance
02/10/2010Pursuant to rule 20F
02/10/2010Continued to 2011 in Finance

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 4 clips in all, totaling 39 minutes.

Duplicate Bills

The following bills are identical to this one: HB756.