SB1082
Commonwealth Transportation Special Structures Program Revenue Bond Act of 2025; created.
Status:
Enacted
Latest Action:
March 21, 2025
Acts of Assembly Chapter text (CHAP0327)
Chief Patron:
Ryan McDougle (R)
Session:
2025 Regular Session
Summary
As Passed House of Origin. Transportation; Commonwealth Transportation Special Structures Program Revenue Bond Act of 2025.
Authorizes the Commonwealth Transportation Board to issue revenue bonds to be known and designated as 'Commonwealth of Virginia Special Structures Program Revenue Bonds.' The bill provides that the aggregate principal amount of such bonds shall not exceed $1 billion, and shall not exceed $200 million in any single fiscal year. ... (More) The bonds shall be payable solely (i) first from revenues received from the Special Structure Fund; (ii) second and to the extent required, from revenues legally available from the Transportation Trust Fund; and (iii) then to the extent required, from any other legally available funds. (Less)-
Bill History
- 01/07/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25104273D
- 01/07/2025 - Senate: Referred to Committee on Transportation
- 01/16/2025 - Senate: Rereferred from Transportation to Finance and Appropriations (15-Y 0-N)
- 01/16/2025 - Senate: Rereferred to Finance and Appropriations
- 01/28/2025 - Senate: Reported from Finance and Appropriations with substitute (15-Y 0-N)
- 01/28/2025 - Senate: Committee substitute printed 25105914D-S1
- 01/29/2025 - Senate: Rules suspended
- 01/29/2025 - Senate: Constitutional reading dispensed (on 1st reading) (38-Y 0-N)
- 01/29/2025 - Senate: Passed by for the day
- 01/30/2025 - Senate: Read second time
- 01/30/2025 - Senate: Reading of substitute waived
- 01/30/2025 - Senate: Finance and Appropriations Substitute agreed to
- 01/30/2025 - Senate: Engrossed by Senate - committee substitute
- 01/30/2025 - Senate: Rules suspended
- 01/30/2025 - Senate: Constitutional reading dispensed (on 3rd reading) (39-Y 1-N)
- 01/30/2025 - Senate: Passed Senate (40-Y 0-N)
- 02/03/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB1082)
- 02/04/2025 - House: Placed on Calendar
- 02/04/2025 - House: Read first time
- 02/04/2025 - House: Referred to Committee on Appropriations
- 02/06/2025 - House: Assigned Approps sub: Transportation & Public Safety
- 02/10/2025 - House: Placed on Appropriations Agenda
- 02/10/2025 - House: Reported from Appropriations with amendment(s) (22-Y 0-N)
- 02/12/2025 - House: Moved from Uncontested Calendar to Regular Calendar
- 02/12/2025 - House: Read second time
- 02/12/2025 - House: Constitutional reading dispensed (on 3rd reading) (95-Y 0-N)
- 02/12/2025 - House: Appropriations Amendment agreed to
- 02/12/2025 - House: Engrossed by House as amended
- 02/12/2025 - House: Passed House with amendment (95-Y 0-N)
- 02/12/2025 - Senate: House Amendment rejected by Senate (0-Y 39-N)
- 02/12/2025 - House: House insisted on amendment
- 02/12/2025 - House: House requested conference committee
- 02/12/2025 - Senate: Senate acceded to request (40-Y 0-N)
- 02/12/2025 - Senate: Conferees appointed by Senate
- 02/12/2025 - Senate: Senators: McDougle, Marsden, Boysko
- 02/12/2025 - House: Conferees appointed by House
- 02/12/2025 - House: Delegates: Torian, Krizek, Austin
- 02/18/2025 - Amended by conference committee
- 02/20/2025 - Senate: Conference report agreed to by Senate (39-Y 0-N)
- 02/20/2025 - House: Conference report agreed to by House (95-Y 1-N)
- 03/07/2025 - Senate: Enrolled
- 03/07/2025 - Senate: Bill text as passed Senate and House (SB1082ER)
- 03/07/2025 - House: Signed by Speaker
- 03/10/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB1082)
- 03/10/2025 - Senate: Signed by President
- 03/11/2025 - Senate: Enrolled Bill Communicated to Governor on March 11, 2025
- 03/11/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/21/2025 - Approved by Governor-Chapter 327 (Effective 07/01/25)
- 03/21/2025 - Acts of Assembly Chapter text (CHAP0327)
