1999 Session

Budget Amendments - SB800 (Member Request)

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Performance grants for transit major capital (language only)

Item 534 #5s

Item 534 #5s

Rail and Public Transportation, Department of

Page 412, line 50, strike "the Transit"
Page 412, strike lines 51-60.
Page 413, strike lines 1-4.
Page 412, line 50, insert after "for":
"a Major Transit Capital Fund.  The Commonwealth Transportation Board is hereby authorized to allocate these funds as grants or matching funds, including funds used for debt service payments, for major transit capital projects in the Commonwealth.  In addition, out of this amount, up to $1,000,000 is to be apportioned for any locally-approved expansion of the Greater Richmond Transit Company.  The Secretary of Transportation shall report all allocations from this fund to the Chairman of the Senate Finance and House Appropriations Committees.

(This amendment deletes the Transit Performance Incentive Program and replaces the $5,000,000 in funding with a Major Transit Capital Fund. Up to $1,000,000 from this fund is designated for the expansion of Greater Richmond Transit Company transit routes, upon approval of these routes by affected local governments.)