West Virginia House Bill 2606 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 21 2017 - 25% progression, died in committee
Action: 2017-02-21 - To House Roads and Transportation
Pending: House Roads & Transportation Committee
Text: Latest bill text (Introduced) [HTML]

The purpose of this bill is to maintain the status quo in the event bond indebtedness is eliminated as the result of being paid off in order to continue collecting revenue for parkways roads and infrastructure projects. Current law would require, in the event bond indebtedness was satisfied, that tolls be eliminated and Parkway Authority roads and infrastructure projects if in good condition be transferred to the Division of Highways. This bill also provides that after all bonds are paid, all toll revenues exceeding $55 million annually shall be placed into a special revenue account and those funds used for road projects in counties where the West Virginia Turnpike is located.

Maintaining status quo in the event bond indebtedness relative to Parkways Authority is eliminated

Del. Ron Walters [R]

Date	Chamber	Action
2017-02-21	House	To House Roads and Transportation
2017-02-21	House	Introduced in House
2017-02-21	House	To Roads and Transportation then Finance
2017-02-21	House	Filed for introduction

SB381 (Similar To) 2017-03-13 - To Finance

Chapter	Article	Section	Citation Type	Statute Text
17	16A	18	Amended Code	Citation Text

Type	Source
Summary	http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=2606&year=2017&sessiontype=RS&btype=bill
Text	http://www.legis.state.wv.us/Bill_Status/bills_text.cfm?billdoc=hb2606%20intr.htm&yr=2017&sesstype=RS&i=2606