Constitutional amendment; Transportation Funds. (HJ652)

Introduced By

Del. John O'Bannon (R-Richmond)

Progress

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

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 other funds established by general law for transportation. All revenues dedicated to Transportation Funds on January 1, 2014, 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 limits the use of Fund moneys to transportation and related purposes. 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 must be repaid with reasonable interest within four years. Read the Bill »

Status

01/25/2013: Merged into HB1941

History

DateAction
01/08/2013Committee
01/08/2013Prefiled and ordered printed; offered 01/09/13 13102383D
01/08/2013Referred to Committee on Privileges and Elections
01/11/2013Assigned P & E sub: Constitutional Amendments Subcommittee
01/21/2013Subcommittee recommends incorporating (HJ622-Jones)
01/25/2013Incorporated by Privileges and Elections (HJ622-Jones)