HJ 585 Constitutional amendment; Hwy. Maintenance & Operating Fund & Transp. Trust Fund continued.
Robert G. Marshall | all patrons    ...    notes
| add to my profiles

Summary as introduced:
Constitutional amendment (first resolution); highway and transportation trust funds. Provides that the Highway Maintenance and Operating Fund and the Transportation Trust Fund  established in 1986 will be permanent and separate funds and be funded annually by the General Assembly by appropriations equivalent to the revenues generated by the 1986 package of tax and fee increases and other revenues dedicated to the funds. The amendment limits the use of fund moneys to transportation and related purposes. The General Assembly may borrow from the funds for other purposes or reduce the level of required appropriations to the funds only by a vote of two-thirds plus one of the members voting in each house, and the loan or reduction must be repaid within four years. This resolution is incorporated into HJR 527.

Full text:
01/05/05  House: Prefiled & ordered printed; offered 01/12/05 056799396  pdf

01/05/05  House: Prefiled & ordered printed; offered 01/12/05 056799396
01/05/05  House: Referred to Committee on Privileges and Elections
01/21/05  House: Incorporated by P.&E. (HJ527-McDonnell) (20-Y 0-N)