Notwithstanding a resolution adopted by a locality or surety bond issued by a locality guaranteeing repayment within five years of an allocation by the Commonwealth Transportation Board, no locality that has been allocated funds for a bonded project by the Commonwealth Transportation Board pursuant to § 33.2-1509 shall repay such funds within a 48-month period beginning on March 16, 2017, provided that all of the other conditions of the Commonwealth Transportation Board's economic development access policy are met.
2017, cc. 531, 558.
Structure Code of Virginia
Title 33.2 - Highways and Other Surface Transportation Systems
Chapter 15 - Transportation Funding
§ 33.2-1500. Legislative findings and purposes
§ 33.2-1502. Creation of the Virginia Transportation Infrastructure Bank
§ 33.2-1503. Eligibility and project selection
§ 33.2-1504. Grants from the Commonwealth Transportation Board
§ 33.2-1505. Project obligations
§ 33.2-1506. Exemption from taxation; exemption from Virginia Public Procurement Act
§ 33.2-1507. Reporting requirement
§ 33.2-1509.1. Moratorium on repayment of funds allocated for access roads program
§ 33.2-1512. Authorization of Notes
§ 33.2-1513. Use of proceeds of Notes
§ 33.2-1515. Form and manner of execution; signature of person ceasing to be officer
§ 33.2-1516. Authority to obtain GARVEE approval
§ 33.2-1518. Deposit of proceeds
§ 33.2-1520. Application of project-specific reimbursements
§ 33.2-1521. Investment of proceeds and other amounts
§ 33.2-1522. Exemption from taxation
§ 33.2-1523. Notes as eligible securities
§ 33.2-1524. Commonwealth Transportation Fund
§ 33.2-1524.1. Transportation Trust Fund
§ 33.2-1525. Administration of Transportation Trust Fund
§ 33.2-1526. Commonwealth Mass Transit Fund
§ 33.2-1526.1. Use of the Commonwealth Mass Transit Fund
§ 33.2-1526.2. Commonwealth Transit Capital Fund
§ 33.2-1526.3. (Effective until July 1, 2024) Transit Ridership Incentive Program
§ 33.2-1526.3. (Effective July 1, 2024) Transit Ridership Incentive Program
§ 33.2-1526.4. Commonwealth Rail Fund
§ 33.2-1526.5. Commonwealth Port Fund
§ 33.2-1526.6. Commonwealth Aviation Fund
§ 33.2-1526.7. Commonwealth Space Flight Fund
§ 33.2-1527. Priority Transportation Fund
§ 33.2-1528. Concession Payments Account
§ 33.2-1529. Toll Facilities Revolving Account
§ 33.2-1529.1. Transportation Partnership Opportunity Fund
§ 33.2-1530. Highway Maintenance and Operating Fund