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2024 Session

Budget Amendments - HB30 (Floor Approved)

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

Item 438 #6h

Item 438 #6h

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 projects preliminary engineering and any right-of-way activities prior to full funding for construction, if the projects are 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 with 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 6 year improvement plan. Allowing this exception on a limited basis for I-81 projects is proposed based on the fact that there is a dedicated revenue stream for these projects and the cost of these projects are significant which means waiting until projects are fully funded will lead to significant delays.)