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2002 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Reynolds
Adds PPTA Projects to Capital Authority (language only)

Item 4-4.01 #1s

Item 4-4.01 #1s

Capital Projects
General

Language
Page 436, after line 30, insert:
"6)  The project is dependent on legislative appropriations and has been approved by the Commonwealth Transportation Board pursuant to the Public-Private Transportation Act of 1995 (
§
56-556 et. seq. of the Code of Virginia) and by the Governor pursuant to
§
56-567, Code of Virginia."


Explanation
(This amendment would allow PPTA projects to use tax-supported debt without any additional approval of the General Assembly.)