summary
Introduced
01/05/2026
01/05/2026
In Committee
01/05/2026
01/05/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Regular Session
Bill Summary
Issuance of bonds for the U.S. Route 58 Corridor Development Program. Increases from $1.3 billion to $1.632 billion the maximum aggregate principal amount for bonds that may be issued for the U.S. Route 58 Corridor Development Program, and specifies that the amount of such increase is not specifically allocated to a part of the project.
AI Summary
This bill increases the maximum amount of bonds that can be issued for the U.S. Route 58 Corridor Development Program from $1.3 billion to $1.632 billion, with the additional $332 million not being specifically allocated to any particular part of the project but rather for its further completion. The U.S. Route 58 Corridor Development Program is a highway system project generally located along Virginia's southern boundary, aimed at creating an adequate, modern, safe, and efficient transportation network, and the bonds are issued under the Transportation Development and Revenue Bond Act.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Left in Committee Appropriations (on 02/18/2026)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/bill-details/20261/HB147 |
| Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (HB147) | https://lis.blob.core.windows.net/files/1096643.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/HB147/text/HB147 |
Loading...