Interstate 73 Corridor Development Fund and Program. (SB806)

Introduced By

Sen. Bill Stanley (R-Moneta)

Progress

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

Description

Interstate 73 Corridor Development Fund and Program. Reallocates and transfers the U.S. Route 58 Corridor Development Fund and Program to the Interstate 73 Corridor Development Fund effective either July 1, 2020, or upon completion of all parts of the U.S. Route 58 Corridor Development Program, whichever occurs sooner. Currently, $40 million is allocated annually to the Route 58 project. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
10/19/2016Prefiled and ordered printed; offered 01/11/17 17100673D
10/19/2016Referred to Committee on Finance
01/31/2017Reported from Finance (13-Y 3-N) (see vote tally)
02/01/2017Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/02/2017Read second time and engrossed
02/03/2017Read third time and passed Senate (26-Y 13-N) (see vote tally)
02/08/2017Assigned Transportation sub: Subcommittee #3
02/08/2017Placed on Calendar
02/08/2017Read first time
02/08/2017Referred to Committee on Transportation
02/14/2017Reported from Transportation (12-Y 9-N) (see vote tally)
02/14/2017Referred to Committee on Appropriations
02/20/2017Reported from Appropriations with amendment (16-Y 5-N) (see vote tally)
02/21/2017Read second time
02/22/2017Read third time
02/22/2017Committee amendment agreed to
02/22/2017Engrossed by House as amended
02/22/2017Passed House with amendment (67-Y 32-N)
02/22/2017VOTE: PASSAGE (67-Y 32-N) (see vote tally)
02/23/2017House amendment agreed to by Senate (33-Y 7-N) (see vote tally)
02/23/2017Reconsideration of House amendment agreed to by Senate (38-Y 2-N) (see vote tally)
02/23/2017House amendment agreed to by Senate (34-Y 6-N) (see vote tally)
03/07/2017Enrolled
03/07/2017Bill text as passed Senate and House (SB806ER)
03/07/2017Signed by Speaker
03/10/2017Signed by President
03/13/2017Enrolled Bill Communicated to Governor on 3/13/17
03/13/2017G Governor's Action Deadline Midnight, March 27, 2017
03/16/2017G Approved by Governor-Chapter 544 (effective - see bill)
03/16/2017G Acts of Assembly Chapter text (CHAP0544)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 3 clips in all, totaling 17 minutes.

Transcript

This is a transcript of the video clips in which this bill is discussed.



Sen. Ben Chafin (R-Lebanon): SOURCES. THE BILL DOES DECLARE THIS TO BE IN THE PUBLIC INTEREST. AS YOU KNOW, THE COAL INDUSTRY IN THE COMMONWEALTH OF VIRGINIA IS DOWN, HAS BEEN DOWN FOR A GREAT LONG PERIOD OF TIME. INVITING THESE TYPES OF FACILITIES TO THE COALFIELD REGION IS A MEANS FOR SOUTHWEST VIRGINIA TO REBUILD THE INVESTMENTS THAT ARE BEING MADE IN SOUTHWEST VIRGINIA AND TO HELP REBUILD OUR TAX STRUCTURE. A PUMP STORAGE FACILITY MAKES BETTER USE OF INTERMITTENT POWER, WHICH THIS GENERAL ASSEMBLY HAS AUTHORIZED AND FOUND IN THE PUBLIC INTEREST. IN FACT, WE SET THE GOAL AT 500 MEGAWATTS, AND WE'RE WELL ON TRACK TO BETTER THAN ACHIEVE THAT GOAL OF 500 MEGAWATTS. YOU KNOW, WITH THAT SOLAR DEVELOPMENT AND WITH THE INTERMITTENT POWER THAT SOLAR CREATES, VIRGINIA WILL BENEFIT FROM THIS STORAGE FACILITY TO BALANCE THE SYSTEM'S GRID AND TO ACT AS A BATTERY FOR THE ELECTRICITY THAT IS BROUGHT ONLINE. I HOPE IT BE THE PLEASURE OF THIS BODY TO PASS THE BILL.

[Unknown]: THANK YOU, SENATOR. THE SENATOR FROM FAIRFAX CITY. SENATOR PETERSON. THANK YOU, MR. PRESIDENT. JIM, WILL YOU YIELD FOR A QUESTION. WILL THE SENATOR FROM RUSSELL YIELD FOR A QUESTION? I YIELD. HE YIELDS, SENATOR. I WOULD SAY I APPRECIATE THE GENTLEMAN'S EXPLANATION. DOES HE KNOW APPROXIMATELY WHAT THE COST OF A NEW HYDROFACILITY WOULD BE? THE SENATOR FROM RUSSELL. I AM NOT PREPARED TO MAKE A GUESS AT WHAT THE COST OF THIS FACILITY WOULD BE. THAT WILL BE UP TO THE STATE CORPORATION COMMISSION TO DETERMINE THE PRUE -- PRUDENTSY, MR. PRESIDENT, OF THE CONSTRUCTION OF THIS FACILITY. THANK YOU, SENATOR. THE SENATOR FROM FAIRFAX CITY. I WOULD ASK THE GENTLEMAN --. EXCUSE ME. DOES THE SENATOR YIELD? I YIELD. I WOULD ASK THE GENTLEMAN WAS HE AWARE THE LAST FACILITY THAT WAS CONSTRUCTED IN BATH COUNTY WAS 1.6 BILLION DOLLARS AND THAT WAS IN THE '80s. MR. PRESIDENT, I WOULD TELL THE GENTLEMAN I AM AWARE OF THE COST OF THAT FACILITY, BUILT IN 1985. I TOURED THAT FACILITY, AND THE FACILITY THAT WE ENVISION IN THE COALFIELD REGION WOULD BE SUBSTANTIALLY SMALLER THAN THAT THANK YOU, SENATOR. FACILITY. THE SENATOR FROM FAIRFAX CITY. FURTHER QUESTION. SENATOR YIELD FOR ADDITIONAL QUESTION. I YIELD. HE YIELDS. I WOULD ASK THE GENTLEMAN WOULD HE ALSO BE AWARE THAT THE GENERATOR THAT BUILT THE FACILITY WOULD ALSO BE ENTITLED TO A RETURN ON EQUITY, WHICH IS TYPICALLY IN THE NEIGHBORHOOD OF 9 OR 10% FOR WHATEVER CAPITAL THEY PUT IN. THE SENATOR FROM RUSSELL. MR. PRESIDENT, I WOULD TELL THE GENTLEMAN THAT I UNDERSTAND THAT THE STATE CORPORATION COMMISSION WOULD REVIEW THOSE MATTERS, ALL THOSE MATTERS WOULD BE BEFORE THE STATE CORPORATION COMMISSION, AND A DETERMINATION WOULD BE MADE BY THAT BODY IN ACCORDANCE WITH OUR STATUTORY PROVISIONS. THE SENATOR FROM FAIRFAX. SPEAK BRIEFLY TO THE MEASURE. SENATOR HAS THE FLOOR. LADIES AND GENTLEMEN OF THE SENATE, THIS IS ACTUALLY ONE OF THE BILLS THAT MAY BE ONE OF THE MORE IMPORTANT BILLS FOR OUR CONSTITUENTS THAT WE VOTE ON THIS YEAR, BECAUSE IT HAS SUCH A COST TO US. I'M NOT TO SAY THAT THERE ISN'T NECESSARILY A PUBLIC PURPOSE TO THIS BILL AND THERE'S A LOT OF FINE PEOPLE SUPPORTING THIS BILL, AND THIS GENTLEMAN HAS EXPLAINED THE NEED FOR IT. BUT UNDERSTAND, THESE FACILITIES ARE BILLIONS OF DOLLARS, AND
BILL TO AMEND AND REENACT A SECTION OF THE CODE OF VIRGINIA RELATING TO PUBLIC INSTITUTIONS OF HIGHER EDUCATION PUBLIC NOTICE MUCH PROPOSED TUITION INCREASES. ROTTED FROM THETHE COATES ON COMMITTEE ONEDUCATION WITH AMEN.

Del. Bill Howell (R-Fredericksburg): THE GENTLEMAN FROM LOUDOUN, MR. GREASON.

Del. Tag Greason (R-Potomac Falls): SENATE BILL 1376 SAYS THERE HAS TO BE 30 DAYS' NOTICE BEFORE A COLLEGE UNIVERSITY CAN MAKE A TUITION CHANGE. THERE WAS SOME AMENDMENTS THAT CLEANED THE BILL UP JUST A LITTLE BIT AND I MOVE THAT THE BILL PASS.

Del. Bill Howell (R-Fredericksburg): THE QUESTION IS ON ADOPTION OF THE COMMITTEE AMENDMENTS TO CLEAN THE BILL UP A LITTLE BIT. AS MANY AS FAVOR THAT MOTION SA. THE COMMITTEE AMENDMENTS ARE AGREED TO. SHALL THE BILL SOME WHAT CLEANED UP PASS? [LAUGHTER]

Del. Tag Greason (R-Potomac Falls): THE CLERK WILL CLOSE THE ROLL.

[Unknown]: AYES 99, NOS 0. AYES 99, NOS 0. THE BILL IS PASS THE. PAGE 21, SENATE BILL 1430 A BILL TO AMEND AND REENACT A SECTION OF THE CODE OF VIRGINIA RELATING TO PUBLIC INSTITUTIONS OF HIGHER EDUCATION STUDENT MENTAL HEALTH POST CRISIS SERVICE IS. REPORTED FROM THE COMMITTEE ON EDUCATION WITH A SUBSTITUTE. FIRST I WOULD LAKE TO MOVE MR. LANDES. THE COMMITTEE SUBSTITUTE FOR SENATE BILL 1430.

Del. Bill Howell (R-Fredericksburg): THE QUESTION IS ON ADOPTION OF THE COMMITTEE SUBSTITUTE. AS MANY AS FAVOR THAT MOTION SA. THE SUBSTITUTE IS AGREED TO. THE GENTLEMAN FROM AUGUSTA.

[Unknown]: THANK YOU, MR. SPEAKER. MR. SPEAKER AND LADIES AND GENTLEMEN OF THE HOUSE, SENATE BILL 1430 REQUIRES THAT THE GOVERNING BOARD OF EACH OF OUR OUR -- AFFECTED STUDENTS HAVE ACCESS TO REASONABLE MEDICAL AND BEMAVEORAL HEALTH SERVICES INCLUDING PREVENTION SERVICES. THE BILL DEFINES POST PREVENTION SERVICES AS SERVICES DAE SIGNED TO FACILITATE THE GRIEVE OR ADJUSTMENT PROCESS AND STABILIZE THE ENVIRONMENT AND REDUCE THE RISK OF NEGATIVE BEHAVIORS AND PREVENT SUICIDES. MR. SPEAKER, MOST OF OUR INSTITUTIONS ALREADY ARE ACCOMPLISHING THIS, SO I WOULD ASK THAT THE HOUSE PASS THE BILL.

Del. Bill Howell (R-Fredericksburg): SHALL THE BILL PASS? THE CLERK WILL CLOSE THE ROLL. AYES 100, NOS 0. >> AYES 100, NOS 0. THE BILL IS PASSED.

[Unknown]: SENATE BILL 806, A BILL TO AMEND AND REENACT -- MR. SPEAKER.

Del. Bill Howell (R-Fredericksburg): THE GENTLEMAN FROM COLONIAL HEIGHTS.

[Unknown]: I RISE FOR A MOTION.

Del. Bill Howell (R-Fredericksburg): THE GENTLEMAN HAS THE FLOOR.

[Unknown]: I WOULD MOVE THE HOUSE STAND IN RECESS UNTIL 1:15.

Del. Bill Howell (R-Fredericksburg): THE GENTLEMAN FROM COLONIAL HEIGHTS MOVES THAT THE HOUSE STAND IN RECESS UNTIL 1:15. AS MANY AS FAVOR THAT MOTION SA. THE MOTION IS AGREED TO. THE HOUSE WILL STAND IN RECESS

[Unknown]: THE HOUSE REPUBLICAN CAUCUS UNTIL 1:15. WILL MEET IMMEDIATELY IN HOUSE ROOM ONE AND THE DEMOCRATIC CAUCUS MEET UPON THE RECESS IN HOUSE ROOM 2. [THE HOUSE IS IN RECESS UNTIL 1:15 P.M.] FUNDS TO WHERE THERE WAS THE GREATEST NEED RATHER THAN THE POLITICIANS OF WHO HAPPENED TO BE IN THE RIGHT PLACE AT THE RIGHT TIME TO EXERT SOME LEVERAGE AND FORCE. THE WORK THAT WAS DONE BASED ON THE RECOMMENDATIONS IT'S ELEMENTS WERE SO SOLID THAT THIS SECRETARY OF TRANSPORTATION WITH HIS CPA BACKGROUND LOOKED AT IT AND SAID YOU KNOW, WE CAN MAKE IT A LOT EASIER TO UNDERSTAND BUT WE CAN'T COME UP WITH A BETTER WAY OF WEIGHTING THE FACTORS OF WHERE OUR FUNDING NEEDS TOE GO TO WHERE THE GREATEST NEED -- TO GO TO WHERE THE GREATEST NEED IS BOTH FOR ACTUAL CONSTRUCTION DOLLARS BUT ALSO FOR THE ECONOMY OF THIS COMMONWEALTH. IN 1985, HOWEVER, SOMEONE WHO CAME UP SHORT ON THAT CHANGE WAS THE THEN SPEAKER FROM MARTINSVILLE. AND WAS NOT ALL THAT HAPPY ABOUT THE FACT OF LOSING A LOT OF FUNDING THAT HAD BEEN COMING THAT WAY. AND SO, WHEN WE HAD MORE MONEY IN 1986, THAT WAS ONE OF THOSE THINGS THAT WAS JUST SORT OF A GIVEN TRADEOFF TO THE THEN SPEAKER AND THAT WAS THE FUNDING OF ROUTE 58. AND THAT IS HOW IT HAS PROGRESSED OVER THE YEARS. SO WITH THAT COMMITMENT OF GENERAL FUND MONEY, $40 MILLION EVERY YEAR, WE HAVE MADE THAT KIND OF INVESTMENT BUT IT HAS ALSO BEEN BONDED, WHICH IS AN IMPORTANT PART AS WE CONSIDER THIS PARTICULAR BILL. ONE OF OUR CONCERNS ALSO HAS BEEN IN THE LAST SEVERAL YEARS, ABOUT HOW OUR STATURE AS THE BEST PLACE TO DO BUSINESS HAS DROPPED AND DROPPED AND DROPPED AND IF YOU LOOK AT THE COMPONENTS OF WHAT MAKES UP OUR RANKING OF HOW TO DO BUSINESS IT STILL IS HEAVILY WEIGHTED BY THE FACT THAT WE HAVE MAJOR TRANSPORTATION NEEDS IN THIS COMMONWEALTH THAT ARE NOT BEING MET AND THAT ARE IN THE WAY OF DOING BUSINESS. NOT SPECULATIVE, BUT IN THE WAY OF DOING BUSINESS ALONG OUR URBAN CORRIDOR SO THAT WE HAVE THAT AS BEING A NEGATIVE FACTOR OF WHY YOU WOULD COME TO VIRGINIA WITH ALL OF THE JOBS. NOW, WHAT IS THE JOBS IN THE URBAN CORRIDOR HAVE TO DO WITH I-73 CORRIDOR? ONE OF OUR GREATEST CHALLENGES AS MEMBERS OF THIS BODY REPRESENTING THE COMMONWEALTH AND OUR 100TH, A PORTION OF THAT COMMONWEALTH IN OUR DISTRICT IS THAT WE HAVE ONE OF THE GREATEST SPREADS BETWEEN WEALTH AND POVERTY OF ANY STATE IN THE UNION. WE ARE IN ABOUT THE TOP FIVE OR SIX. AND WITH THAT CHALLENGE WE CONSTANTLY IN EVERYTHING WE DO FACE THAT PROBLEM OF HOW DO WE MAKE SURE THAT ALL OF OUR CITIZENRY ARE WELL SERVED? AND ONE OF THE MAJOR WAYS WE DO IT IS THROUGH FUNDING OUR EDUCATIONAL PROGRAM AND THAT IS THE GENERAL FUND AND THAT IS THE ECONOMY THAT WE HAVE GOT TO KEEP GOING WHERE WE HAVE THE GREATEST DRAW FOR THE HIGHEST PAYING JOBS POSSIBLE BUT SHARE THAT MONEY, MAKE SURE THAT EVERYONE IN THIS STATE BENEFITS FROM A GOOD SOLID K-12 PROGRAM FUNDED BY THE STATE, FUNNED BY THOSE RESOURCES THAT -- FUNDED BY THOSE RESOURCES THAT HAVE TO BE SUPPORTED BY AN EFFECTIVE TRANSPORTATION NETWORK WITH WHETHER IT IS OUR PORTS OR THE HEAVY CONGESTION WE SEE UP IN THE NORTHERN PART OF OUR COMMONWEALTH. HAVING SAID ALL OF THAT, THE BILL THAT WE HAVE BEFORE US GOES DIRECTLY COUNTER TO THE HARD WORK THAT HAS GONE ON NOT JUST SINCE 2013 BUT WHICH SET THE TABLE FOR 2013 THAT WE FINALLY WERE GOING TO DO AWAY WITH POLITICS AND MAKE GOOD BUSINESS DECISIONS ON HOW WE MAKE MAJOR INVESTMENT OF OUR RESOURCES IN TRANSPORTATION. THIS BILL BEFORE US TODAY IS ABSOLUTELY COUNTER TO ALL OF THAT. UNDERCUTS WHAT WE HAVE ATTEMPTED IT IS HIGHLY SPECULATIVE. TO DO. THE BONDING OF THE MONEY THAT HAS COME FROM THE RECORDATION TAX IS TIED FOR YEARS AND YEARS IN THE FUTURE, NONE OF THIS WILL HAPPEN FOR AT LEAST 15 YEARS, MAYBE 20 YEARS. AND TO MAKE A DECISION TODAY TO CONTINUE TO COMMIT $40 MILLION EVERY YEAR OF GENERAL FUNDS TO THIS PARTICULAR PROJECT AT THIS -- AND WHAT WE ARE GOING TO DO 20 YEARS FROM NOW JUST IS NOT A GOOD BUSINESS DECISION. IT DOES NOT SERVE OUR COMMONWEALTH WELL, IT DOES NOT SERVE THE CITIZENS OF OUR COMMONWEALTH WELL. THIS IS -- EVEN THOUGH IT HAS A REENACTMENT CLAUSE ON IT, I