2002 Session

Budget Amendments - SB29 (Committee Approved)

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Transportation Oversight Commission (language only)

Item 1 #2s

Item 1 #2s

Legislative Department
General Assembly of Virginia

Page 8, after line 44, insert:
"H.1.  The Chairmen of the Senate Finance, Senate Transportation, House Finance, House Appropriations, and House Transportation Committees shall each appoint two members from their respective committees to the Joint Transportation Finance Oversight Commission, in order to review and evaluate on-going transportation financing activities and develop and recommend transportation financing policies to the General Assembly and Governor.  The Commission shall 1) review the biennial, six-year, and longer range transportation finance plans developed by the Commonwealth Transportation Board, Virginia Port Authority, and the Virginia Aviation Board to ensure that they are in accordance with the Code of Virginia and the Appropriation Act; 2) actively engage in seeking solutions to transportation funding issues in the Commonwealth by reporting to the respective standing committees; 3) recommend to the General Assembly and Governor legislative options, including a Special Session, to address issues in transportation financing; and 4) conduct such other studies and review such other transportation-related subjects as the Commission deems necessary for providing an adequate, modern, safe, and efficient transportation network in the Commonwealth.  

2.  The Commonwealth Transportation Board and/or the Department of Transportation shall submit, at least 45 days prior to its scheduled final adoption, the Transportation Development Plan, or any such similar statewide plan, so that the Commission can review, evaluate, and recommend proposed financial adjustments prior to its final adoption by the Board.  The Board shall not act on a statewide development plan until it has received the Commission's written analysis.  All transportation agencies shall submit monthly reports, beginning August 15, 2002, to the Commission on the expended cash for the year, the anticipated remaining cash outlay for the year for all programs and activities, revenue collections to date from local, state, and federal sources, and those estimated to be received by the end of the fiscal year.  The Commission shall seek support from the staff of the Senate Finance, House Appropriations, Joint Legislative Audit and Review Commission, and Division of Legislative Services.  All state agencies, Boards, political subdivisions and their staffs are directed to provide technical assistance, access to information databases, and any other requested information, data, and materials to the Commission as it deems necessary."

(This amendment is self-explanatory.)