There is hereby created in the Department of the Treasury a specialnonreverting fund to be known as the Transportation Trust Fund, consisting of:
1. Funds remaining for highway construction purposes, among the severalhighway systems pursuant to § 33.1-23.1.
2. [Repealed.]
3. The additional revenues generated by enactments of Chapters 11, 12 and 15of the Acts of Assembly, 1986 Special Session, and designated for this fund.
4. Tolls and other revenues derived from the projects financed or refinancedpursuant to this title which are payable into the state treasury and tollsand other revenues derived from other transportation projects, which mayinclude upon the request of the applicable appointed governing body, as soonas their obligations have been satisfied, such tolls and revenue derived fortransportation projects pursuant to § 33.1-253 (Chesapeake Bay Bridge andTunnel District) and to the Richmond Metropolitan Authority, established inChapter 70 (§ 15.2-7000 et seq.) of Title 15.2, or if the appointed governingbody requests refunding or advanced refunding by the Board and such refundingor advanced refunding is approved by the General Assembly. Such funds shallbe held in separate subaccounts of the Transportation Trust Fund to theextent required by law or the Board.
5. Tolls and other revenues derived from the Richmond-Petersburg Turnpike,provided that such funds shall be held in a separate subaccount of theTransportation Trust Fund and allocated as set forth in Chapter 574 of theActs of Assembly of 1983 until expiration of that Act.
6. Such other funds as may be appropriated by the General Assembly from timeto time, and designated for this fund.
7. All interest, dividends and appreciation which may accrue to theTransportation Trust Fund and the Highway Maintenance and Construction Fund,except that interest on funds becoming part of the Transportation Trust Fundunder subdivision 1 and the Highway Maintenance and Construction Fund shallnot become part of the Transportation Trust Fund until July 1, 1988.
8. All amounts required by contract to be paid over to the TransportationTrust Fund.
9. Concession payments paid to the Commonwealth by a private entity pursuantto the Public-Private Transportation Act of 1995 (§ 56-556 et seq.).
(1986, Sp. Sess., c. 13; 1988, cc. 844, 903; 1991, cc. 666, 713; 1992, c.108; 1993, c. 793; 2006, c. 922; 2009, c. 471.)
There is hereby created in the Department of the Treasury a specialnonreverting fund to be known as the Transportation Trust Fund, consisting of:
1. Funds remaining for highway construction purposes, among the severalhighway systems pursuant to § 33.1-23.1.
2. [Repealed.]
3. The additional revenues generated by enactments of Chapters 11, 12 and 15of the Acts of Assembly, 1986 Special Session, and designated for this fund.
4. Tolls and other revenues derived from the projects financed or refinancedpursuant to this title which are payable into the state treasury and tollsand other revenues derived from other transportation projects, which mayinclude upon the request of the applicable appointed governing body, as soonas their obligations have been satisfied, such tolls and revenue derived fortransportation projects pursuant to § 33.1-253 (Chesapeake Bay Bridge andTunnel District) and to the Richmond Metropolitan Authority, established inChapter 70 (§ 15.2-7000 et seq.) of Title 15.2, or if the appointed governingbody requests refunding or advanced refunding by the Board and such refundingor advanced refunding is approved by the General Assembly. Such funds shallbe held in separate subaccounts of the Transportation Trust Fund to theextent required by law or the Board.
5. Tolls and other revenues derived from the Richmond-Petersburg Turnpike,provided that such funds shall be held in a separate subaccount of theTransportation Trust Fund and allocated as set forth in Chapter 574 of theActs of Assembly of 1983 until expiration of that Act.
6. Such other funds as may be appropriated by the General Assembly from timeto time, and designated for this fund.
7. All interest, dividends and appreciation which may accrue to theTransportation Trust Fund and the Highway Maintenance and Construction Fund,except that interest on funds becoming part of the Transportation Trust Fundunder subdivision 1 and the Highway Maintenance and Construction Fund shallnot become part of the Transportation Trust Fund until July 1, 1988.
8. All amounts required by contract to be paid over to the TransportationTrust Fund.
9. Concession payments paid to the Commonwealth by a private entity pursuantto the Public-Private Transportation Act of 1995 (§ 56-556 et seq.).
(1986, Sp. Sess., c. 13; 1988, cc. 844, 903; 1991, cc. 666, 713; 1992, c.108; 1993, c. 793; 2006, c. 922; 2009, c. 471.)
There is hereby created in the Department of the Treasury a specialnonreverting fund to be known as the Transportation Trust Fund, consisting of:
1. Funds remaining for highway construction purposes, among the severalhighway systems pursuant to § 33.1-23.1.
2. [Repealed.]
3. The additional revenues generated by enactments of Chapters 11, 12 and 15of the Acts of Assembly, 1986 Special Session, and designated for this fund.
4. Tolls and other revenues derived from the projects financed or refinancedpursuant to this title which are payable into the state treasury and tollsand other revenues derived from other transportation projects, which mayinclude upon the request of the applicable appointed governing body, as soonas their obligations have been satisfied, such tolls and revenue derived fortransportation projects pursuant to § 33.1-253 (Chesapeake Bay Bridge andTunnel District) and to the Richmond Metropolitan Authority, established inChapter 70 (§ 15.2-7000 et seq.) of Title 15.2, or if the appointed governingbody requests refunding or advanced refunding by the Board and such refundingor advanced refunding is approved by the General Assembly. Such funds shallbe held in separate subaccounts of the Transportation Trust Fund to theextent required by law or the Board.
5. Tolls and other revenues derived from the Richmond-Petersburg Turnpike,provided that such funds shall be held in a separate subaccount of theTransportation Trust Fund and allocated as set forth in Chapter 574 of theActs of Assembly of 1983 until expiration of that Act.
6. Such other funds as may be appropriated by the General Assembly from timeto time, and designated for this fund.
7. All interest, dividends and appreciation which may accrue to theTransportation Trust Fund and the Highway Maintenance and Construction Fund,except that interest on funds becoming part of the Transportation Trust Fundunder subdivision 1 and the Highway Maintenance and Construction Fund shallnot become part of the Transportation Trust Fund until July 1, 1988.
8. All amounts required by contract to be paid over to the TransportationTrust Fund.
9. Concession payments paid to the Commonwealth by a private entity pursuantto the Public-Private Transportation Act of 1995 (§ 56-556 et seq.).
(1986, Sp. Sess., c. 13; 1988, cc. 844, 903; 1991, cc. 666, 713; 1992, c.108; 1993, c. 793; 2006, c. 922; 2009, c. 471.)
