VA SB60 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on February 15 2016 - 50% 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 (i) the Commissioner of Highways finding that the private parties are unable to deliver the I-66 project outside the Beltway in a way that meets the term sheet, (ii) the Transportation Public-Private Partnership Advisory Committee concurs with the Commissioner's finding, and (iii) that the Secretary of Finance further concurs and finds that the issuance of bonds is in the public interest.

Tracking Information

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Title

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

Sponsors


Roll Calls

2016-02-15 - Senate - Senate: Passed Senate (27-Y 11-N) (Y: 27 N: 11 NV: 2 Abs: 0) [PASS]
2016-02-15 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2016-02-10 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-09 - Senate - Senate: Reported from Finance with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2016-12-01HouseLeft in Appropriations
2016-03-07HouseContinued to 2017 in Appropriations by voice vote
2016-02-22HouseAssigned App. sub: Transportation
2016-02-17HouseReferred to Committee on Appropriations
2016-02-17HouseRead first time
2016-02-17HousePlaced on Calendar
2016-02-15SenatePassed Senate (27-Y 11-N)
2016-02-15SenateConstitutional reading dispensed (39-Y 0-N)
2016-02-15SenateEngrossed by Senate - committee substitute SB60S1
2016-02-15SenateRead second time
2016-02-11SenatePassed by for the day
2016-02-11SenateCommittee substitute agreed to 16104967D-S1
2016-02-11SenateReading of substitute waived
2016-02-11SenateRead second time
2016-02-10SenateConstitutional reading dispensed (40-Y 0-N)
2016-02-09SenateCommittee substitute printed 16104967D-S1
2016-02-09SenateReported from Finance with substitute (15-Y 0-N)
2015-12-17SenateReferred to Committee on Finance
2015-12-17SenatePrefiled and ordered printed; offered 01/13/16 16103324D

Subjects


Virginia State Sources


Bill Comments

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