HB1603
Commonwealth Rail Fund; funds applied to Shortline Railway Preservation and Development Fund.
Status:
Enacted
Latest Action:
March 18, 2025
Acts of Assembly Chapter text (CHAP0004)
Chief Patron:
Chris Runion (R)
Session:
2025 Regular Session
Summary
As Passed House of Origin. 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 ... (More) 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. This bill is identical to SB 1144. (Less)-
Bill History
- 01/03/2025 - House: Prefiled and ordered printed; Offered 01-08-2025 25102160D
- 01/03/2025 - House: Referred to Committee on Appropriations
- 01/09/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB1603)
- 01/11/2025 - House: Assigned Approps sub: Transportation & Public Safety
- 01/21/2025 - House: Placed on Appropriations Agenda
- 01/22/2025 - House: Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
- 01/23/2025 - House: Placed on Appropriations Agenda
- 01/24/2025 - House: Reported from Appropriations with amendment(s) (22-Y 0-N)
- 01/28/2025 - House: Read first time
- 01/29/2025 - House: Read second time
- 01/29/2025 - House: Appropriations Amendment agreed to
- 01/29/2025 - House: Engrossed by House as amended
- 01/29/2025 - House: Printed as engrossed 25102160D-E
- 01/30/2025 - House: Read third time and passed House (96-Y 0-N)
- 01/31/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB1603)
- 01/31/2025 - Senate: Constitutional reading dispensed (on 1st reading)
- 01/31/2025 - Senate: Referred to Committee on Finance and Appropriations
- 02/05/2025 - Senate: Reported from Finance and Appropriations (13-Y 0-N)
- 02/06/2025 - Senate: Rules suspended
- 02/06/2025 - Senate: Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
- 02/06/2025 - Senate: Passed by for the day
- 02/07/2025 - Senate: Read third time
- 02/07/2025 - Senate: Passed Senate (39-Y 0-N)
- 02/10/2025 - House: Enrolled
- 02/10/2025 - House: Bill text as passed House and Senate (HB1603ER)
- 02/10/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB1603)
- 02/10/2025 - House: Signed by Speaker
- 02/13/2025 - Senate: Signed by President
- 02/18/2025 - House: Enrolled Bill communicated to Governor on February 18, 2025
- 02/18/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/18/2025 - Approved by Governor-Chapter 4 (Effective 07/01/25)
- 03/18/2025 - Acts of Assembly Chapter text (CHAP0004)
