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2024 Session

Budget Bill - HB30 (Enrolled)

Virginia Passenger Rail Authority

Item 431

Item 431

First Year - FY2025Second Year - FY2026
Financial Assistance for Rail Programs (61000)$318,312,497$368,747,920
Passenger Rail Development and Operation Programs (61004)FY2025 $318,312,497FY2026 $368,747,920
Fund Sources:  
Commonwealth TransportationFY2025 $318,312,497FY2026 $368,747,920

Authority: Titles 33.2 and 58.1, Code of Virginia


A. Of the funds appropriated pursuant to Chapters 1019 and 1044 of the 2000 Acts of Assembly for passenger rail capacity improvements in the I-95 passenger rail corridor between Richmond and the District of Columbia, the Virginia Passenger Rail Authority is authorized to utilize any remaining funds along the described corridor for the development of intercity passenger rail enhancements to include rail improvements and passenger station facilities.


B. The Director, Department of Planning and Budget, is authorized to adjust appropriations and allotments for the Virginia Passenger Rail Authority to reflect changes in the official revenue estimates for commonwealth transportation funds.