1998 Session

Budget Amendments - HB30 (Committee Approved)

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Transit Performance Funding (language only)

Item 534 #8h

Item 534 #8h

Rail and Public Transportation, Department of

Page 313, strike lines 17 through 23, and insert:
"year is designated for the Transit Performance Incentive Program.  This program is to be administered by the Department of Rail and Public Transportation.  The basis for awards for this program shall be good or improved transit service efficiency and effectiveness and the achievement of locally established transit performance goals.  Transit performance incentive grant amounts shall be established applying a $5,000 minimum grant and using the transit formula assistance program methodology.  Any funds remaining in this program after grants are awarded each year shall be carried forward to the next fiscal year and may be used to augment this or other state transit assistance programs as described in §58.1-638.4, Code of Virginia.  The Department shall report to the Co-Chairmen of the House Appropriations and Senate Finance Committees prior to the 1999 and 2000 Sessions of the General Assembly on award made and performance improvements realized as the result of this incentive program."

(This amendment clarifies the new transit performance funding program.)