Virginia Senate Bill 541 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on January 13 2010 - 25% progression, died in committee
Action: 2010-02-16 - Senate: Left in Finance
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Commonwealth of Virginia Transportation Capital Projects Revenue Bonds. Provides that at least 50 percent of the proceeds of Commonwealth of Virginia Transportation Capital Projects Revenue Bonds would be used for new road or highway construction projects. The bill defines a new road or highway construction project as the construction of, enhancement of, or addition to a road or highway (or a portion or segment of a road or highway), which construction, enhancement, or addition did not commence prior to January 1, 2010. Commonwealth of Virginia Transportation Capital Projects Revenue Bonds were authorized for issuance in 2007 pursuant to House Bill No. 3202.

Transportation Capital Projects Revenue Bonds; used for new road or highway construction projects.

Sen. Stephen Martin [R]	Sen. Jeffrey McWaters [R]	Sen. Stephen Newman [R]	Sen. Jill Vogel [R]
Sen. Frank Wagner [R]

Date	Chamber	Action
2010-02-16		Senate: Left in Finance
2010-01-13		Senate: Referred to Committee on Finance
2010-01-13		Senate: Prefiled and ordered printed; offered 01/13/10 10102264D

Chapter	Article	Section	Citation Type	Statute Text
33	1	23.4:01	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?101+sum+SB541
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?101+ful+SB541+hil