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Government Affairs
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General Assembly Update
January 26, 2015
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Omnibus Transportation Bill Under Consideration By The General Assembly
The General Assembly is considering an Omnibus Transportation Bill sponsored by Delegates Chris Jones and Tom Rust. HB 1887 would:
1. Increase CTB independence by eliminating the ability of the Governor to remove CTB members, except for cause.
2. Allocate an additional $50 million a year to transit operating capital. Approximately $27 million a year would come from highway funding…a provision that VTCA opposes.
3. Provide $7-10M a year for the Transportation Infrastructure Bank to help local communities leverage resources to advance key projects.
4. Allocates $3-5M annually for the existing Transportation Partnership Opportunity Fund to address transportation needs of economic development projects.
5. Creates a new formula for the allocation of highway funds, including a priority for on-going maintenance, an allocation for bridge and pavement rehabilitation and, percentages of construction money for projects of statewide, regional and local significance.
A District by District explanation of the impact of the new allocation formula can be found below:
Bristol District
Culpeper District
Fredericksburg District
Hampton Roads District
Lynchburg District
Northern Virginia District
Richmond District
Salem District
Staunton District
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