Bill Text: VA SB1680 | 2019 | Regular Session | Chaptered

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Bill Title: Mass transit providers; loss of certain operating funds.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2019-03-18 - Governor: Acts of Assembly Chapter text (CHAP0567) [SB1680 Detail]

Download: Virginia-2019-SB1680-Chaptered.html

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CHAPTER 567 An Act to hold mass transit providers harmless for certain operating fund losses. [S 1680] Approved March 18, 2019

 

 

Be it enacted by the General Assembly of Virginia:

1. §1. The Commonwealth Transportation Board may allocate supplemental operating funds in fiscal year 2020 to any transit provider that receives funds to support operating costs pursuant to subdivision C 1 of § 33.2-1526.1 of the Code of Virginia and that is negatively impacted by a loss of operating funds as a direct result of the performance-based allocation process set forth in Chapter 854 of the Acts of Assembly of 2018. The maximum amount of supplemental operating funds available pursuant to this authorization shall not exceed $3 million from the nongeneral fund amounts available to the Department of Rail and Public Transportation.