VA HB1067 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2016 - 25% progression, died in committee
Action: 2016-12-01 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]

Summary

Bonds; tolls on I-66. Authorizes the Treasury Board to issue bonds pursuant to Article X, Section 9 (c) of the Constitution of Virginia in an amount up to $1.5 billion plus financing costs to finance the costs of acquiring, constructing, and equipping dynamically tolled lanes on a portion of Interstate 66. Issuance of the bonds is contingent on the Transportation Public-Private Partnership Advisory Committee, prior to January 1, 2018, finding that the issuance is necessary due to the inability of private parties to meet the term sheet published by the Department of Transportation in September 2015 pursuant to the procurement initiated under the Public-Private Transportation Act of 1995.

Tracking Information

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Title

Commonwealth of Virginia Transform I-66 Corridor Outside the Beltway Bond Act of 2016; created.

Sponsors


History

DateChamberAction
2016-12-01HouseLeft in Appropriations
2016-02-12HouseContinued to 2017 in Appropriations with substitute by voice vote
2016-02-12HouseCommittee substitute printed to Web only 16104715D-H1
2016-02-12HouseSubcommittee recommends continuing to 2017 by voice vote
2016-01-19HouseAssigned App. sub: Transportation
2016-01-13HouseReferred to Committee on Appropriations
2016-01-13HousePrefiled and ordered printed; offered 01/13/16 16103031D

Subjects


Virginia State Sources


Bill Comments

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