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2024 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Hayes
Funding for Street Maintenance for Port Host Cities

Item 442 #4h

Item 442 #4h

First Year - FY2025 Second Year - FY2026
Transportation
Department of Transportation FY2025 $1,500,000 FY2026 $1,500,000 GF

Language
Page 489, line 7, strike "$563,182,042" and insert "$564,682,042".
Page 489, line 7, strike "$569,800,889" and insert "$571,300,889".

Page 489, strike lines 41 through 51 and insert:

"E. Of the amounts in this item, $1,500,000 from the general fund and $1,000,000 from the Commonwealth Transportation Fund each year is appropriated for service charges to be paid to localities in which the Virginia Port Authority owns tax-exempt real estate for roadway maintenance activities in the jurisdictions hosting Virginia Port Authority facilities. These payments shall be treated the same as other Commonwealth Transportation Board payments to localities for highway maintenance. These funds shall not be used for other activities nor shall they supplant other local government expenditures for roadway maintenance. These funds shall be distributed to the localities on a pro rata basis in accordance with the formula set out in § 58.1-3403 D, Code of Virginia; however, the proportion of the funds distributed based on cargo traveling through each port facility shall be distributed on a pro rata basis according to twenty-foot equivalent units."



Explanation

(This amendment provides $1.5 million from the general fund each year for additional support for street maintenance for host cities around the Port of Virginia to increase the total support up to $2.5 million annually.)