CODE OF VIRGINIA

(EXPIRES JULY 1, 2018) TRANSIT CAPITAL PROJECT REVENUE ADVISORY BOARD; PURPOSE
(§ 33.2-1840)

The Transit Capital Project Revenue Advisory Board (the Advisory Board) is
established as an advisory board within the Department of Rail and Public
Transportation in the executive branch of state government.The purpose of the
Advisory Board is to examine the impacts of the revenue reduction caused by the
expiration of the 2007 Capital Project Revenue bonds that will leave transit
systems in the Commonwealth without necessary funds for capital improvement, to
identify possible sources of replacement revenue, and to develop methodologies
for further prioritization of transit capital funds.

HISTORY: 2016, c. 609.