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2024 Session

Budget Amendments - HB30 (Conference Report)

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Authorize Partially Funded Projects be Included in SYIP (language only)

Item 438 #3c

Item 438 #3c

Transportation
Department of Transportation

Language

Page 488, after line 22, insert:

"N. Notwithstanding the provisions of § 33.2-214, E. of the Code of  Virginia, the Commonwealth Transportation Board may advance preliminary engineering and right-of-way activities prior to full funding for construction for projects in the Interstate 81 Corridor Improvement Program as adopted by the Board. The anticipated funding for the construction of the project must be planned for within the subsequent three years after the Six-Year Improvement Program. The Department of Transportation shall report to the Chairs of the House Appropriations, House Transportation, Senate Finance and Appropriations, and Senate Transportation Committees on any projects advanced in this manner."    



Explanation

(This amendment makes a limited exception to the Code requirement to allow projects in the I-81 Corridor Improvement Program to move forward even if all of the funding is not included for the completion of the project in the six year improvement plan. Allowing this exception on a limited basis for I-81 projects is proposed because there is a dedicated revenue stream to support the projects and waiting until projects are fully funded will lead to potentially expensive delays.)