2024 Session

Budget Amendments - HB30 (Conference Report)

View Budget Item
View Budget Item amendments

Amend Language Related Transportation Deposits into the TPOF (language only)

Item 438 #2c

Item 438 #2c

Department of Transportation


Page 488, line 13, after "K." insert "1."

Page 488, line 13, strike "at least $200,000,000" and insert:

"up to $90,000,000, no more than $15,000,000 in any individual year,".

Page 488, after line 16, insert:

"2. Notwithstanding any other provision of law, any proposed direction of funds by the Governor for transportation projects under the Transportation Partnership Opportunity Fund pursuant to § 33.2-1529.1 (C)(2) of the Code of Virginia in excess of $20.0 million for any one project, and any cumulative direction of funds pursuant to that subdivision in excess of $50.0 million during a biennium, shall be subject to approval by the MEI Project Approval Commission established pursuant to § 30-309, Code of Virginia, and the Commission shall complete such review within 21 days of submission. Absent a recommendation within such 21-day period that the funds should not be directed, or in the event that the Commission does not provide a recommendation within such 21-day period, the funds shall be directed."


(This amendment amends language included in the introduced budget related to the CTB's authority to deposit Commonwealth Transportation Funds into the Transportation Partnership Opportunity Fund over the next six years.)