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2006 Special Session I

Budget Amendments - HB5002 (Conference Report)

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VDOT- Support for local construction (language only)

Item 443 #3c

Item 443 #3c

Transportation
Department Of Transportation

Language
Page 378, after line 47, insert:
“E.  The department shall report to the Chairmen of the Senate Finance and House Appropriations Committees by December 1, 2006, on the feasibility of the Commonwealth matching dollars generated by local transportation referendum provided that such funds not be used for debt service and that projects included in the transportation referendum meet state standards and are in the Six-Year Improvement Program.  The department shall base the match on one state dollar for every two local dollars.”


Explanation
(This amendment directs the Department to explore the feasibility of establishing another matching program for localities. The intent is for VDOT to match local dollars generated by local transportation referendum. The state money cannot be used for debt service, and would have to be matched on a basis of one state dollar for every two local dollars.)