VirginiaCommonwealth Transportation Special Structures Program Revenue Bond Act of 2025; created.
What it does
Transportation; Commonwealth Transportation Special Structures Program Revenue Bond Act of 2025. Authorizes the Commonwealth Transportation Board to issue revenue bonds to be known and designated as "Commonwealth of Virginia Special Structures Program Revenue Bonds." The bill provides that the aggregate principal amount of such bonds shall not exceed $1 billion and shall not exceed $200 million in any single fiscal year. The bonds shall be payable solely (i) first from revenues received from the Special Structure Fund; (ii) second and to the extent required, from revenues legally available from the Transportation Trust Fund; and (iii) then to the extent required, from any other legally available funds.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 21Acts of Assembly Chapter text (CHAP0327)Latest
- Mar 21Approved by Governor Glenn Youngkin-Chapter 327 (Effective 07/01/25)Became Law
- Mar 11Governor's Action Deadline 11:59 p.m., March 24, 2025To Governor
- Mar 11Enrolled Bill Communicated to Governor on March 11, 2025Minor
- Mar 10Signed by PresidentMajor
- Mar 10Fiscal Impact Statement from Department of Planning and Budget (SB1082)
- Mar 7Signed by SpeakerMajor
- Mar 7Bill text as passed Senate and House (SB1082ER)Major
- Mar 7EnrolledMinor
- Feb 20Conference report agreed to by House (95-Y 1-N)Minor
- Vote recorded Conference report agreed to by Senate (39-Y 0-N). Result: pass.Upper
- Vote recorded Conference report agreed to by House (95-Y 1-N). Result: pass.Lower
- Feb 20Conference report agreed to by Senate (39-Y 0-N)Minor
- Feb 18Amended by conference committee
- Feb 12Conferees appointed by Senate
- Vote recorded Passed House with amendment (95-Y 0-N). Result: pass.Lower
- Vote recorded Senate acceded to request (40-Y 0-N). Result: pass.Upper
- Vote recorded House Amendment rejected by Senate (0-Y 39-N). Result: fail.Upper
- Vote recorded Constitutional reading dispensed (on 3rd reading) (95-Y 0-N). Result: pass.Lower
- Feb 12Senate acceded to request
- Feb 12Delegates: Torian, Krizek, Austin
- Feb 12Conferees appointed by House
- Feb 12Senators: McDougle, Marsden, Boysko
- Feb 12Conferees appointed by Senate
- Feb 12Senate acceded to request (40-Y 0-N)
- Feb 12House requested conference committeeMinor
- Feb 12House insisted on amendment
- Feb 12House Amendment rejected by Senate (0-Y 39-N)Minor
- Feb 12Passed House with amendment (95-Y 0-N)Passed House
- Feb 12Engrossed by House as amended
- Feb 12Appropriations Amendment agreed toMajor
- Feb 12Constitutional reading dispensed (on 3rd reading) (95-Y 0-N)
- Feb 12Read second timeMinor
- Feb 12Moved from Uncontested Calendar to Regular Calendar
- Feb 10Reported from Appropriations with amendment(s) (22-Y 0-N)Minor
- Vote recorded Reported from Appropriations with amendment(s) (22-Y 0-N). Result: pass.Lower
- Feb 6Assigned Approps sub: Transportation & Public SafetyMinor
- Feb 4Referred to Committee on AppropriationsMinor
- Feb 4Read first timeMinor
- Feb 4Placed on Calendar
- Feb 3Fiscal Impact Statement from Department of Planning and Budget (SB1082)
- Jan 30Passed Senate (40-Y 0-N)Passed Senate
- Vote recorded Constitutional reading dispensed (on 3rd reading) (39-Y 1-N). Result: pass.Upper
- Vote recorded Constitutional reading dispensed (on 3rd reading) (39-Y 1-N). Result: pass.Upper
- Jan 30Constitutional reading dispensed (on 3rd reading) (39-Y 1-N)
- Jan 30Rules suspended
- Jan 30Engrossed by Senate - committee substituteMajor
- Jan 30Finance and Appropriations Substitute agreed to
- Jan 30Reading of substitute waived
- Jan 30Read second timeMinor
- Jan 29Passed by for the day
- Vote recorded Constitutional reading dispensed (on 1st reading) (38-Y 0-N). Result: pass.Upper
- Jan 29Constitutional reading dispensed (on 1st reading) (38-Y 0-N)
- Jan 29Rules suspended
- Jan 28Committee substitute printed 25105914D-S1Major
- Vote recorded Reported from Finance and Appropriations with substitute (15-Y 0-N). Result: pass.Upper
- Jan 28Reported from Finance and Appropriations with substitute (15-Y 0-N)Minor
- Jan 16Rereferred from Transportation to Finance and Appropriations (15-Y 0-N)Minor
- Vote recorded Rereferred from Transportation and rereferred to Finance and Appropriations (15-Y 0-N). Result: pass.Upper
- Jan 7Referred to Committee on TransportationMinor
- Jan 7Prefiled and ordered printed; Offered 01-08-2025 25104273DIntroduced