From such funds as may be appropriated by the General Assembly and any gifts, grants, or donations from public or private sources, there is hereby created in the state treasury a special nonreverting, permanent fund to be known as the Virginia Waterway Maintenance Fund (the Fund), to be administered by the Authority. The Fund shall be established on the books of the Comptroller. Any moneys remaining in the Fund at the end of each fiscal year, including interest thereon, shall not revert to the general fund but shall remain in the Fund. Expenditures and disbursements from the Fund, which shall be in the form of grants, shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the Executive Director. Moneys in the Fund shall be used solely for the purpose of awarding grants to applicants to the Virginia Waterway Maintenance Grant Program pursuant to § 62.1-132.3:4.
2018, c. 642.
Structure Code of Virginia
Title 62.1 - Waters of the State, Ports and Harbors
Chapter 10 - Virginia Port Authority
§ 62.1-129. Board of Commissioners; members and officers; Executive Director; agents and employees
§ 62.1-129.1. Employees; employment; personnel rules; health insurance; retirement plans
§ 62.1-129.2. Trust for postemployment benefits authorized; administration
§ 62.1-130. Powers and duties of Executive Director
§ 62.1-131. Office and branch offices; title to property
§ 62.1-132. Local authorities subordinate to Authority
§ 62.1-132.2. Bylaws and organization
§ 62.1-132.3. Stimulation of commerce
§ 62.1-132.3:1. Port Opportunity Fund
§ 62.1-132.3:2. Port of Virginia Economic and Infrastructure Development Grant Fund and Program
§ 62.1-132.3:3. Virginia Waterway Maintenance Fund
§ 62.1-132.3:4. Virginia Waterway Maintenance Grant Program
§ 62.1-132.4. Rates and rate structures
§ 62.1-132.7. Employment of personnel and legal counsel
§ 62.1-132.8. Consolidation of terminal operations
§ 62.1-132.9. Foreign trade zones
§ 62.1-132.10. Publications of Authority
§ 62.1-132.11. Police powers; penalties
§ 62.1-132.11:1. Prevention and suppression of fire
§ 62.1-132.12. Employment, jurisdiction, and power of special police officers
§ 62.1-132.12:1. Agreements with private terminal operators
§ 62.1-132.13. Cooperation with federal agencies
§ 62.1-132.14. Agreement of local cooperation with Corps of Engineers
§ 62.1-132.15. Grants and loans from federal agencies
§ 62.1-132.16. Fees and charges
§ 62.1-132.17. Grants of funds and property
§ 62.1-132.18. Acquisition of property
§ 62.1-132.19. Acquisition and lease of property
§ 62.1-132.20. Craney Island Disposal Area
§ 62.1-134.1. Expediting shipment of coal
§ 62.1-136. Power of eminent domain
§ 62.1-138. Powers of State Corporation Commission not affected
§ 62.1-139. Forms of accounts and records; annual report
§ 62.1-143. Proceeds of bonds and revenues held in trust for certain purposes
§ 62.1-144. Remedies of bondholders and trustee
§ 62.1-145. Exercise of powers constitutes governmental functions; exemption from taxation
§ 62.1-146. Bonds as legal investments
§ 62.1-147.1. Legalization of prior actions
§ 62.1-147.1:1. Exemption of Authority from certain technology procedures