Commonwealth Rail Fund; funds applied to Shortline Railway Preservation and Development Fund.
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What it does
Official summary
Commonwealth Rail Fund; Shortline Railway Preservation and Development Fund. Removes the $4 million cap on those Commonwealth Rail Fund (Fund) moneys distributed to the Department of Rail and Public Transportation that may be applied to the Shortline Railway Preservation and Development Fund and instead provides that up to 50 percent of such Fund moneys may be applied to the Shortline Railway Preservation and Development Fund. The bill retains the current provisions granting 93 percent of Fund moneys to the Virginia Passenger Rail Authority and seven percent to the Department of Rail and Public Transportation.
More detail
This bill is identical to SB 1144.
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Where do you stand?
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More on this bill
Where it stands
Introduced
Passed House
Passed Senate
To Governor
Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Mar 18Acts of Assembly Chapter text (CHAP0004)Latest