HB 774

            
2020 SESSION

20103803D

HOUSE BILL NO. 774


Offered January 8, 2020


Prefiled January 7, 2020

A BILL to amend and reenact � 33.2-357 of the Code of 
 Virginia, relating to Commonwealth Transportation Board; revenue-sharing funds.
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Patrons-- LaRock and Cole, M.L.

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Referred to Committee on Finance

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Be it enacted by the General Assembly of Virginia:
 
 
1. That � 33.2-357 of the Code of Virginia is amended and 
 reenacted as follows:
 
 
� 33.2-357. Revenue-sharing funds for systems in certain 
 localities.
 
 
A. From revenues made available by the General Assembly and 
 appropriated for the improvement, construction, reconstruction, or maintenance 
 of the systems of state highways, the Board may make an equivalent matching 
 allocation to any locality for designations by the governing body of up to $5 $10 
 million for use by the locality to improve, construct, maintain, or reconstruct 
 the highway systems within such locality with up to $2.5 $5 million for use by the 
 locality to maintain the highway systems within such locality. After adopting a 
 resolution supporting the action, the governing body of the locality may 
 request revenue-sharing funds to improve, construct, reconstruct, or maintain a 
 highway system located in another locality or between two or more localities or 
 to bring subdivision streets, used as such prior to the date specified in � 
 33.2-335, up to standards sufficient to qualify them for inclusion in the 
 primary or secondary state highway system. All requests for funding shall be 
 accompanied by a prioritized listing of specified projects.
 
 
B. In allocating funds under this section, the Board shall 
 give priority to projects as follows: first, to projects that have previously 
 received an allocation of funds pursuant to this section; second, to projects 
 that (i) meet a transportation need identified in the Statewide Transportation 
 Plan pursuant to � 33.2-353 or (ii) accelerate a project in a localitys 
 capital plan; and third, to projects that address pavement resurfacing and 
 bridge rehabilitation projects where the maintenance needs analysis determines 
 that the infrastructure does not meet the Departments maintenance performance 
 targets.
 
 
C. The Department shall contract with the locality for the 
 implementation of the project. Such contract may cover either a single project 
 or may provide for the localitys implementation of several projects. The 
 locality shall undertake implementation of the particular project by obtaining 
 the necessary permits from the Department in order to ensure that the 
 improvement is consistent with the Departments standards for such 
 improvements. At the request of the locality, the Department may provide the 
 locality with engineering, right-of-way acquisition, construction, or 
 maintenance services for a project with its own forces. The locality shall 
 provide payment to the Department for any such services. If administered by the 
 Department, such contract shall also require that the governing body of the 
 locality pay to the Department within 30 days the local revenue-sharing funds 
 upon written notice by the Department of its intent to proceed. Any project 
 having funds allocated under this program shall be initiated in such a fashion 
 that at least a portion of such funds have been expended within one year of 
 allocation. Any revenue-sharing funds for projects not initiated after two 
 subsequent fiscal years of allocation may be reallocated at the discretion of 
 the Board.
 
 
D. Total Commonwealth funds allocated by the Board under this 
 section shall not exceed the greater of $100 million or seven percent of funds 
 available for distribution pursuant to subsection D of � 33.2-358 prior to the 
 distribution of funds pursuant to this section, whichever is greater, in each 
 fiscal year, subject to appropriation for such purpose. For any fiscal year in 
 which less than the full program allocation has been allocated by the Board to 
 specific governing bodies, those localities requesting the maximum allocation 
 under subsection A may be allowed an additional allocation at the discretion of 
 the Board.
 
 
E. The funds allocated by the Board under this section shall 
 be distributed and administered in accordance with the revenue-sharing program 
 guidelines established by the Board.