2007 Session

Budget Amendments - SB750 (Committee Approved)

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Additional Maintenance Money (language only)

Item 444 #2s

Item 444 #2s

Transportation, Department of

Page 471, after line 27, insert:
"H.  This Item includes $125,400,000 the second year from the revenues of Senate Bill 1379, if the measure is approved by the 2007 Session of the General Assembly."

(This amendment provides $125.4 million the second year to VDOT's maintenance program based on the provisions of Senate Bill 1379 (2007 Session). Under the bill, these moneys are to be used to supplement the Highway Maintenance and Operating Fund; thereby freeing up an identical amount of cash for new construction in the Transportation Trust Fund. The introduced Budget Bill assumes the $125.4 million will be transferred from the Transportation Trust Fund for maintenance. The SB 1379 revenues derive from increases to vehicle registration, truck registration, abusive driver fees, and liquidated damages. Also included is an increase of 1.5 cents in the diesel excise tax.)