SB 402 Capital improvement plan and budget recommendations.
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Summary as enacted with Governor's Recommendation: (all summaries)
Capital improvement plan and budget recommendations. Provides that a capital improvement plan and budget recommendations for capital projects shall be submitted to the General Assembly every two years, in the second fiscal year of each biennium. The capital improvement plan lists projects that the Governor recommends be undertaken in the succeeding six fiscal years. The plan is to be submitted no later than November 1. In each budget bill introduced in a regular session of the General Assembly held in an even-numbered year, the Governor shall provide a biennial appropriation for capital projects in an amount not less than two percent of the projected general fund revenues for the biennium. The source of funding for the proposed capital projects depends on the projected general fund revenue growth for each year of the biennium, and shall include funding from the general fund if a certain level of general fund revenue growth is projected.

The budget bill shall contain appropriations for capital projects that are consistent with those capital projects included in the capital improvement plan for the corresponding fiscal year.

The bill also provides that the amount of general funds not otherwise reserved or designated at the end of a fiscal year shall be designated for nonrecurring expenditures.

The bill also expresses the intent of the General Assembly that certain parks, educational institutions, Virginia College Building Authority and Virginia Public Building Authority capital projects shall be funded with general funds, to the extent practicable. In addition, the bill provides that the Commonwealth may not issue more than $250 million in annual debt to fund such projects.

Full text:
01/09/02  Senate: Presented & ordered printed, prefiled 01/09/02 023107408  pdf
01/29/02  Senate: Committee substitute printed 023109408-S1  pdf | impact statement
02/28/02  Senate: Bill text as passed Senate and House (SB402ER)  pdf | impact statement
04/09/02  Senate: Governor's substitute printed 028754211-S2  pdf
04/17/02  Senate: Reenrolled bill text (SB402ER2)  pdf
04/18/02  Governor: Acts of Assembly Chapter text (CHAP0839)  pdf

Amendments:
Governor's recommendation

Status:
01/09/02  Senate: Presented & ordered printed, prefiled 01/09/02 023107408
01/09/02  Senate: Referred to Committee on Finance
01/29/02  Senate: Reported from Finance with substitute (16-Y 0-N)
01/29/02  Senate: Committee substitute printed 023109408-S1
01/30/02  Senate: Constitutional reading dispensed (40-Y 0-N)
01/30/02  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
01/31/02  Senate: Read second time
01/31/02  Senate: Reading of substitute waived
01/31/02  Senate: Committee substitute agreed to 023109408-S1
01/31/02  Senate: Engrossed by Senate - committee substitute 023109408-S1
02/01/02  Senate: Read third time and passed Senate (38-Y 0-N)
02/01/02  Senate: VOTE: PASSAGE R (38-Y 0-N)
02/01/02  Senate: Communicated to House
02/11/02  House: Placed on Calendar
02/11/02  House: Read first time
02/11/02  House: Referred to Committee on Appropriations
02/20/02  House: Reported from Appropriations (25-Y 0-N)
02/22/02  House: Read second time
02/25/02  House: Read third time
02/25/02  House: Passed House BLOCK VOTE (98-Y 0-N)
02/25/02  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
02/28/02  Senate: Bill text as passed Senate and House (SB402ER)
02/28/02  Senate: Enrolled
02/28/02  House: Signed by Speaker
03/03/02  Senate: Signed by President
04/08/02  Senate: Governor's recommendation received by Senate
04/09/02  Senate: Governor's substitute printed 028754211-S2
04/17/02  Senate: Placed on Calendar
04/17/02  Senate: Senate concurred in Gov's recommendation (40-Y 0-N)
04/17/02  Senate: VOTE: ADOPT GOV. RECOMM. (40-Y 0-N)
04/17/02  House: House concurred in Gov's recommendation (99-Y 0-N)
04/17/02  House: VOTE: ADOPTION (99-Y 0-N)
04/17/02  Governor: Governor's recommendation adopted
04/17/02  Senate: Reenrolled
04/17/02  Senate: Reenrolled bill text (SB402ER2)
04/17/02  Senate: Signed by President as reenrolled
04/17/02  House: Signed by Speaker as reenrolled
04/17/02  House: Enacted, Chapter 839 (effective - see bill)
04/18/02  Governor: Acts of Assembly Chapter text (CHAP0839)