Toll Relief
Item 441 #1s
Item 441 #1s | First Year - FY2025 | Second Year - FY2026 | |
Transportation |
Department of Transportation | FY2025 $77,000,000 | FY2026 $15,000,000 | GF |
Language
Page 488, line 47, strike "$97,365,200" and insert "$174,365,200".
Page 488, line 47, strike "$98,331,321" and insert "$113,331,321".
Page 489, after line 5, insert:
A.1. Out of the amounts in this Item, $77,000,000 the first year and $15,000,000 the second year from the general fund is provided to the Department for the purpose of providing additional toll relief to eligible drivers (a) who earn less than $50,000 per year, (b) whose primary residence is in a planning district with at least three tolled bridges or tunnels and within a locality with a score of 104 or higher on the fiscal stress index, as published by the Department of Housing and Community Development in July 2023, (c) who drive a two-axle passenger vehicle to utilize the tunnels in a locality described in (b). The Commissioner shall use funds appropriated in this Item i) to establish a program to provide such eligible drivers with an E-ZPass transponder and the required prefunded account balance, for those who have not previously enrolled in the existing Toll Relief program and have not opened a Virginia E-ZPass Account; ii) to provide an additional 50 percent toll relief rebate, that when combined with the existing Toll Relief program, provides a 100 percent toll rebate on up to 14 trips per week on the Elizabeth River Tunnels; and iii) to redeem outstanding customer balances and fees as of December 31, 2023, due to Elizabeth River Crossings (ERC) for eligible drivers subject to negotiation between the Commissioner and ERC.
2. The toll relief programs authorized in this Item will end in fiscal year 2036 in conjunction with the planned end of the existing Toll Relief program in fiscal year 2036. This toll relief is in addition to the current Toll Relief program administered by the Department and funded by ERC. The Department shall implement this additional toll relief program no later than January 1, 2025, and administer such program in the same manner as the existing Toll Relief program.
3. All funding appropriated in this Item for toll relief shall be deposited into an Eligible Drivers Toll Relief Fund. Any funds remaining in the Fund at the end of a biennium shall not revert to the general fund but shall remain in the Fund. All interest and dividends that are earned on the account shall be credited to the Fund. Any funds remaining in the Fund at the end of the toll relief program in 2036 shall revert to the general fund.
4. The Department of Transportation and the Department of Treasury shall enter into a memorandum of agreement related to the management and investment of the monies in the Fund. Notwithstanding §58.1-3 Code of Virginia, the Department of Taxation shall provide support in validating the income of eligible drivers.
5. The Commissioner shall report to the Governor, the Secretary of Transportation, Chairmen of the House Committees on Appropriations, Finance, and Transportation and the Senate Committees on Finance and Appropriations and on Transportation annually by the first day of the regular session of the General Assembly on the additional toll relief provided from the Fund.
6. The Commissioner shall evaluate the cost and feasibility of permitting HOV access at all times and free-of-charge on the Downtown-Midtown Tunnel facility and provide the estimated cost and recommendations for implementation to the Governor, the Secretary of Transportation, Chairmen of the House Committees on Appropriations, Finance, and Transportation and the Senate Committees on Finance and Appropriations and on Transportation no later than October 1, 2024.
Explanation
(This amendment provides $77.0 million the first year and $15.0 million the second year from the general fund to provide additional toll relief to eligible drivers who earn less than $50,000 per year. When combined with the existing Toll Relief program, this program will provide a 100 percent toll rebate on up to 14 trips per week on the Elizabeth River Tunnels through 2036.)