Kaine Puts Forward Transportation Amendments

Gov. Kaine has announced his amendments to the transportation bill.  The details as put forward in his press release:

Details of Governor’s Actions

Statewide Funding – Over $375 Million Annually, Plus 2/3 of Surplus
  • Authorizes $3 billion in new 25-year debt for highway construction, supported by dedication of one-third of insurance premiums to existing and new debt payments (frees up construction funding paying existing debt)
    • Increases percentage of bonds going to transit capital from 15.7% to 20%
    • Removes prohibition on using bond proceeds for urban and secondary roadsDedicates 3 cents of existing recordation taxes to transportation, with two cents to go to transit funding and one cent to go to highway maintenance
  • Dedicates 2/3 of surplus revenues to transportation
  • Equalizes diesel fuel tax (from 16 cents to 17.5 cents), which will be dedicated to highway maintenance
  • Makes abuser fees legally defensible by eliminating retroactive application
  • Retains original registration fee increase for cars, trucks and trailers, increased penalties for overweight trucks, and permanent dedication of one-third insurance premium taxes
Northern Virginia Regional Package – Approximately $400 Million Annually
  • Authorizes $400 million annually in locally and regionally imposed taxes and fees
  • Requires 6 of 9 localities to empower the regional authority to impose seven taxes and fees
  • Gives localities the option of three additional revenue sources
Hampton Roads Regional Package –Approximately $200 Million Annually
  • Authorizes up to $200 million annually in locally and regionally imposed taxes and fees
  • Requires 7 of 12 localities to empower the regional authority to impose seven taxes and fees
  • Gives localities the option of three additional local revenue sources
Land Use
  • Expands scope and application of transportation impact fees for by-right commercial and residential development in communities with growing population, which will encompass about 75 communities across the state
Additional Items
  • Creates a lockbox on new revenues – if transportation funds are diverted to other purposes, revenues in the bill cease
  • Maintains current Commonwealth Transportation Board appointments by Governor

In addition, the Governor signed bills submitted in his legislative package designed to improve land use planning and traffic flow. Senate Bill 1181 (Williams) strengthens standards for accepting subdivision streets into the state system by increasing connectivity standards for roads and subdivisions, enhancingthe overall capacity and efficiency of the transportation network.

House Bill 2228 (Wardrup) / Senate Bill 1312 (Hawkins) promotes traffic flow and interconnectivity on the state’s road system, ensuring that new and existing roadways are not degraded by the creation of too many and poorly spaced intersections, turn lanes, median breaks, and other impediments. House Bill 2163 (Valentine) / Senate Bill 1144 (Wagner) allows VDOT vehicles to participate in clearing cars and restoring traffic flow after an accident, improving response time

Here are the financial impacts of the Governor’s amendments.

I’m surprised he is dedicating 2/3 of the surplus to transportation and is open to bonding as well.  Now all we have to do is make sure that our most congested roads  receive top priority.

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One thought on “Kaine Puts Forward Transportation Amendments

  1. It is interesting. I feel like Kaine doesn’t want to put up a protest that will stop the bill. He needs it to go through as much as anyone else.

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