Source: https://budget.lis.virginia.gov/amendment/2005/1/HB1500/Introduced/MR/493.10/4h/
Timestamp: 2020-07-08 23:38:24
Document Index: 637430171

Matched Legal Cases: ['§ 58', '§3', 'art 3', '§3', '§3', '§3', '§3', '§3']

493.10#4h (VDOT) Virginia Beach Bus Rapid Transit. HB1500 - Member Request
By Member » Item 493.10 #4h
Virginia Beach Bus Rapid Transit
Item 493.10 #4h
Transportation, Department of FY2005 $0 FY2006 $10,000,000 GF
Page 447, line 19, strike "$474,007,050" and insert "$484,007,050".
Page 447, line 35, strike "$80,000,000" and insert "$90,000,000".
(This amendment increases the proposed general fund appropriation for capital costs for the Virginia Beach Bus Rapid Transit project from $10.0 million to $20.0 million in the second year. A companion amendment to Item 482 transfers these funds to the Department of Rail and Public Transportation.)
Item 493.10
Replacement of Diverted Transportation Funds (61800) $350,000,000 $474,007,050
General FY2005 $350,000,000 FY2006 $23,607,050
Commonwealth Transportation FY2005 $0 FY2006 $450,400,000
Notwithstanding any other provision of law, $824,007,050 is appropriated in this Item to implement the provisions of the Transportation Partnership Act of 2005. This amount shall be transferred in the amounts specified to the Items listed below and shall be used for the purposes detailed below.
1. Out of this appropriation, $140,000,000 the first year from the general fund is provided to the Private Partnership Fund, to support the timely and cost-effective construction and acquisition of transportation facilities pursuant to the Public-Private Transportation Act of 1995, as amended.
2. Out of this appropriation, $80,000,000 the first year from the general fund is provided to the Transit Partnership Fund, for the purposes outlined in § 58.1-638 A.4.g, Code of Virginia.
3. Out of this appropriation, $40,000,000 the first year from the general fund and $40,000,000 the second year from the Commonwealth Transportation Fund is provided to the Local Partnership Fund, to encourage local governments to manage and administer the design, acquisition, or construction, of transportation facilities within their boundaries.
4. Out of this appropriation, $23,200,000 the second year from the Commonwealth Transportation Fund is provided to the Rail Partnership Fund, to improve freight and passenger rail services throughout the Commonwealth.
5. Out of this appropriation, $90,000,000 the first year from the general fund and $166,400,000 the second year from the Commonwealth Transportation Fund shall be transferred to Item 488 of this act and deposited into the highway share of the Transportation Trust Fund to fully fund projects in the interstate, primary, and urban systems identified as complete but requiring a deficit payoff in the FY 2005-2010 Six-Year Improvement Program.
6. Out of this appropriation, $97,400,000 the second year is provided from federal funds and shall be transferred to Item 489 of this Act for maintenance of existing transportation infrastructure, which is specified in the Code of Virginia as the first priority use of available transportation funds.
7. Out of this appropriation, $123,400,000 the second year from Commonwealth Transportation Funds shall be transferred and allocated in accordance with Item 469 of this act and Titles 33.1 and 58.1 of the Code of Virginia, to address the overall needs of the transportation infrastructure.
8. Out of this appropriation, $23,607,050 the second year from the general fund is provided to eliminate diversion of Commonwealth Transportation Fund revenues to other agencies and purposes:
a. The director, Department of Planning and Budget, shall transfer general fund appropriations in the second year from this Item to the following agencies to be used in lieu of revenue from Commonwealth Transportation Funds, as follows:
Minority business activities
$1,338,243
Management of funds investment
$143,454
Transportation project reviews
$828,741
Highway patrol services
$7,292,301
§3-1.02 D.
$11,482,126
b. Notwithstanding the provisions of Part 3 of this act, the Comptroller shall not transfer to the general fund the amounts from Fund Group 0400 (Commonwealth Transportation Fund) listed below and $12,124,914 from the general fund appropriation in this Item shall revert to the general fund:
§3-1.01 A.
Inspection of gasoline, fuels and oils
§3-1.01 C.
Unrefunded marine fuels tax
Improvement of Chesapeake Bay and tributaries
§3-1.01 F.
Department of Rail and
§3-1.01 L.
§3-1.01 Q.1.
Transfers to effect budget savings
$12,124,924
c. For those agencies listed in subparagraph a. above that have Commonwealth Transportation Fund appropriations in the second year, the director, Department of Planning and Budget, shall reduce such appropriation by an amount equal to the amount of general fund appropriation transferred in accordance with the provisions of this section. Furthermore, the director shall increase the nongeneral fund appropriation of the Department of Transportation by $23,607,050 in the second year, which shall be allocated by the department in accordance with Item 469 of this act and Titles 33.1 and 58.1 of the Code of Virginia to address the overall needs of the transportation infrastructure.
d. The Comptroller shall establish on the books of the Commonwealth the following special funds: Private Partnership Fund, Transit Partnership Fund, Local Partnership Fund, and Rail Partnership Fund.