2001 Session

Budget Amendments - HB1600 (Committee Approved)

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Min. Guarantee Funds for Virginia Railway Express (language only)

Item 506 #1h

Item 506 #1h

Transportation, Secretary of

Page 444, line 12, after "Board.", insert:
"Funds allocated to eligible projects shall include $6,240,000 in the second year for contract fees paid by the Virginia Railway Express for access to the right-of-way of CSX Transportation, Norfolk Southern Corporation, and the National Railroad Passenger Corporation.  The sum shall be considered a minimum, and a greater amount may be approved by the Commonwealth Transportation Board upon recommendation of the Department of Rail and Public Transportation."

(This amendment specifies that $6,240,000 the second year of federal Minimum Guarantee funds shall be allocated to the Virginia Railway Express.)