2017 Session

Budget Amendments - HB1500 (Committee Approved)

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VPA Report Language (language only)

Item 465 #1h

Item 465 #1h

Virginia Port Authority


Page 452, after line 27, insert:

"D. No later than November 1, 2017, the Virginia Port Authority is directed to submit to the Chairmen of the House Appropriations, Senate Finance and House and Senate Transportation Committees a report detailing separately the import and export loads at each of the Authority's facilities in Cities of Newport News, Norfolk and Portsmouth, the relative profitability of the operations at each of the facilities, the relative rate of return and profitability of the various types of cargo, distinguishing between the value generated from general cargo, container cargo and break-bulk. The report shall also include the relative value of cargo by type and facility.  For each component of this report the data provided shall include such information for each of the last four years."


(This amendment directs the Virginia Port Authority to submit additional information on its individual facilities and the relative profitability of various types of cargo to increase transparency.)