Constitutional amendment; Transportation Funds (first reference). (SJ137)

Introduced By

Sen. Tommy Norment (R-Williamsburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate

Description

Constitutional amendment (first resolution); Transportation Funds.  Requires the General Assembly to maintain permanent and separate Transportation Funds to include the Commonwealth Transportation Fund, Transportation Trust Fund, Highway Maintenance and Operating Fund, and Priority Transportation Fund. All revenues dedicated to Transportation Funds on January 1, 2011, by general law, other than a general appropriation law, shall be deposited to the Transportation Funds, unless the General Assembly by general law, other than a general appropriation law, alters the revenues dedicated to the Funds. The amendment requires Funds be appropriated only for transportation systems and projects. The General Assembly may borrow from the Funds for other purposes only by a vote of two-thirds plus one of the members voting in each house, and the loan or reduction must be repaid with reasonable interest within three years. The amendment also limits the use of general and other nontransportation funds for transportation purposes except for certain debt service payments. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/22/2010Presented and ordered printed 10103867D
01/22/2010Referred to Committee on Privileges and Elections
02/02/2010Continued to 2011 in Privileges and Elections (10-Y 0-N) (see vote tally)
12/02/2010Left in Privileges and Elections

Comments

stephen writes:

AND should of failed. stupid law.