2002 Session

Budget Amendments - HB30 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Byron
Treasury Board Approval of PPTA Agreements (language only)

Item 491 #9h

Item 491 #9h

Transportation, Department of

Page 353, after line 17, insert:
"M. Consideration by the Department of Transportation of a proposal submitted under the Public-Private Transportation Act of 1995 for the "24 in 4" bridge program, a bridge rehabilitation project for 24 bridges contained in the Virginia Transportation Development Plan for 2001, is hereby approved.  Any comprehensive agreement which is negotiated by the Department shall be conditioned upon review and approval of the terms and conditions of the financing pursuant to § 2.2-2614, Code of Virginia, by the Treasury Board and approval of the comprehensive agreement by the Commonwealth Transportation Board after consultation with the Treasury Board and authorization by the Governor after consultation with the Treasury Board and notification to the Chairmen of the House Appropriations and Senate Finance Committees."

(This amendment authorizes VDOT consideration of a proposal to rehabilitate 24 bridges under a PPTA agreement and requires approval of the Governor, the Commonwealth Transportation Board and the Treasury Board, and notification to the money committees, of any comprehensive agreement under the Public-Private Transportation Act of 1995.)