VA HJR5 | 2010 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Introduced on November 16 2009 - 25% progression, died in committee
Action: 2010-02-16 - House: Left in Privileges and Elections
Pending: House Privileges and Elections Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

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, 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 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 by the end of the fourth fiscal year following the date of the borrowing.

Tracking Information

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Title

Constitutional amendment (first resolution); Transportation Funds.

Sponsors


History

DateChamberAction
2010-02-16 House: Left in Privileges and Elections
2009-11-16 House: Referred to Committee on Privileges and Elections
2009-11-16 House: Prefiled and ordered printed; offered 01/13/10 10100262D

Virginia State Sources


Bill Comments

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