2005 Session

Budget Amendments - SB700 (Conference Report)

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Transit Capital Funding (language only)

Item 482 #1c

Item 482 #1c

Rail and Public Transportation, Department of

Page 434, strike lines 9 through 18, and insert:
"3.  From funds appropriated in Item 493.10 in the second year, the Commonwealth Transportation Board shall allocate $10,000,000 for a bus rapid transit system in Virginia Beach, $20,000,000 to the Virginia Railway Express for passenger rail car purchases, $40,000,000 for rail car purchases by the Washington Metropolitan Area Transit Authority, and $5,000,000 for a statewide bus purchase and bus facilities.  All recipients of such funds shall provide a 20 percent match to cover projects or programs financed by this fund.  For purposes of this subparagraph, a program shall be considered a special funding project established by a regional transportation authority and endorsed by each Virginia locality participating in the authority."

(This amendment provides $75.0 million for transit capital purchases. This funding is in addition to the funding providing through DRPT's formula allocations from the Transportation Trust Fund.)