Bill Text: VA SB298 | 2014 | Regular Session | Chaptered

Virginia Senate Bill 298 (Prior Session Legislation)

Bill Title: Rail and Public Transportation, Department of; funding.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2014-03-31 - Governor: Acts of Assembly Chapter text (CHAP0451) [SB298 Detail]

Download: Virginia-2014-SB298-Chaptered.html

CHAPTER 451 An Act to amend the Code of Virginia by adding a section numbered 33.1-12.02, relating to funds for administration of Department of Rail and Public Transportation. [S 298] Approved March 31, 2014

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 33.1-12.02 as follows:

§33.1-12.02. Funds for administration of Department of Rail and Public Transportation.

The Commonwealth Transportation Board may annually allocate up to 3.5 percent of the revenues available each year in the funds established pursuant to §§33.1-221.1:1.1, 33.1-221.1:1.2, and 33.1-221.1:1.3 and subdivision A 4 of §58.1-638 to support the costs of project development, project administration, and project compliance incurred by the Department of Rail and Public Transportation in implementing rail, public transportation, and congestion management programs and grants.