(a) There is hereby created within the State Road Fund a special revenue account to be known as the State Road Construction Account held in the State Treasury to be expended by the Division of Highways for construction, maintenance and repair of public highways and bridges in this state. The State Road Construction Account created in this section is a special revenue account in the State Treasury and is not part of the state General Revenue Fund.
(b) The State Road Construction Account shall consist of:
(1) All or any portion of the proceeds of any parkway revenue bonds issued pursuant to section ten of this article that the Parkways Authority, in its discretion, may credit to the State Road Construction Account, notwithstanding any provision of said section to the contrary;
(2) Any appropriations, grants, gifts, contributions or other revenues received by the State Road Construction Account from any source; and
(3) All interest earned on moneys held in the account.
(c) The funds in the special revenue account created by this section will be expended by the Division of Highways for the costs of acquisition, construction, reconstruction, maintenance, improvement or repair of public highways and bridges, as contained in the Division of Highways’ Statewide Transportation Improvement Plan as it existed on June 1, 2017, or the West Virginia Division of Highways SOS Transportation Investment Program Candidate Project List dated May 3, 2017, in the following counties:
(1) Raleigh County;
(2) Fayette County;
(3) Wyoming County;
(4) Mercer County;
(5) Kanawha County;
(6) Greenbrier County;
(7) Monroe County;
(8) Summers County;
(9) McDowell County; and
(10) Nicholas County.
Structure West Virginia Code
Chapter 17. Roads and Highways
Article 16A. West Virginia Parkways Authority
§17-16A-3. West Virginia Parkways Authority
§17-16A-6. Parkways Authority’s Powers
§17-16A-7. Parkways Authority's Incidental Powers
§17-16A-8. Acquisition of Land, Property, Easements, etc.
§17-16A-9. Condemnation of Property
§17-16A-10. Parkway Revenue Bonds, Generally
§17-16A-11. State Road Construction Account
§17-16A-11a. West Virginia Parkways Authority Single Fee Program Fund
§17-16A-12. Parkway Revenue Bonds -- Trust Agreement
§17-16A-13. Tolls, Rents, Fees, Charges and Revenues; Competitive Bidding on Contracts
§17-16A-13a. Public Notice and Meeting Requirements
§17-16A-16. Exemption From Taxation
§17-16A-18. Corridor L Toll Fees Authorized; Commuter Pass
§17-16A-19. Preliminary Expenses
§17-16A-20. Parkway Projects Part of State Road System
§17-16A-21. Parkway Revenue Refunding Bonds, Generally
§17-16A-22. Parkway Revenue Refunding Bonds—west Virginia Turnpike
§17-16A-24. Article Deemed to Provide Additional and Alternative Methods
§17-16A-25. Additional Powers of Parkways Authority; Issuance of Special Obligation Bonds
§17-16A-26. Annual Report; Audit
§17-16A-27. Exit Awareness Signs
§17-16A-29. Discount Program for Purchasers of West Virginia Ez Pass Transponders
§17-16A-30. Coordination With County Commission in Counties Where a Parkway Project May Be Located