Summary as introduced:
Northern Virginia Transportation Program Bond Act of 2003. Authorizes the Northern Virginia Transportation Authority to issue bonds in an aggregate principal amount not to exceed $1 billion to complete and implement certain transportation projects included in the Northern Virginia Transportation Program Bond Act of 2003.
In general, the first $50 million available for allocation in each fiscal year to the Northern Virginia construction district shall be credited to a special nonreverting fund in the state treasury titled the Northern Virginia Transportation Authority Fund, for use by the Authority. Moneys in the Fund shall be used solely for paying the costs to complete and implement such transportation projects including, but not limited to, the costs associated with issuing bonds and other obligations and with entering into contracts or other agreements as provided under the Act.
01/17/03 Senate: Presented & ordered printed 039065412 pdf
01/17/03 Senate: Presented & ordered printed 039065412
01/17/03 Senate: Referred to Committee on Finance
01/29/03 Senate: Passed by indefinitely in Finance (15-Y 0-N)