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Commonwealth Rail Fund; Shortline Railway Preservation and Development Fund. Removes the $4 million cap on those Commonwealth Rail Fund (Fund) moneys distributed to the Department of Rail and Public Transportation that may be applied to the Shortline Railway Preservation and Development Fund and instead provides that up to 50 percent of such Fund moneys may be applied to the Shortline Railway Preservation and Development Fund. The bill retains the current provisions granting 93 percent of Fund moneys to the Virginia Passenger Rail Authority and seven percent to the Department of Rail and Public Transportation. This bill is identical to SB 1144.
Introduced
Jan 3, 2025
Last Action
Mar 18, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Acts of Assembly Chapter text (CHAP0004)
Approved by Governor-Chapter 4 (Effective 07/01/25)
Governor's Action Deadline 11:59 p.m., March 24, 2025
Enrolled Bill communicated to Governor on February 18, 2025
Signed by President
Bill text as passed House and Senate (HB1603ER)
Signed by Speaker
Fiscal Impact Statement from Department of Planning and Budget (HB1603)
Enrolled
Passed Senate (39-Y 0-N)
Read third time
Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
Passed by for the day
Rules suspended
Reported from Finance and Appropriations (13-Y 0-N)
Referred to Committee on Finance and Appropriations
Constitutional reading dispensed (on 1st reading)
Fiscal Impact Statement from Department of Planning and Budget (HB1603)
Read third time and passed House (96-Y 0-N)
Read second time
Printed as engrossed 25102160D-E
Engrossed by House as amended
Appropriations Amendment agreed to
Read first time
Reported from Appropriations with amendment(s) (22-Y 0-N)
Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
Assigned Approps sub: Transportation & Public Safety
Fiscal Impact Statement from Department of Planning and Budget (HB1603)
Referred to Committee on Appropriations
Prefiled and ordered printed; Offered 01-08-2025 25102160D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Acts of Assembly Chapter text (CHAP0004)
Chris S. Runion