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35 chapters · 730 sections in this title.
Va. Code Ann. § 33.2-1500 Legislative findings and purposes
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The General Assembly finds that there exists in the Commonwealth a critical need for additional sources of funding to finance the present and future needs of the Commonwealth for the design and construction of highways, including toll facilities; mass transit; freight, passenger …
Va. Code Ann. § 33.2-1501 Definitions
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As used in this article, unless the context requires a different meaning: "Bank" means the Virginia Transportation Infrastructure Bank created in § 33.2-1502. "Cost," as applied to any project financed under the provisions of this article, means the total of all costs, including …
Va. Code Ann. § 33.2-1502 Creation of the Virginia Transportation Infrastructure Bank
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A. There is hereby created in the state treasury a special nonreverting, revolving loan fund, known as the Virginia Transportation Infrastructure Bank, that is a subfund of the Transportation Trust Fund established pursuant to § 33.2-1524.1. The Bank shall be established on the b…
Va. Code Ann. § 33.2-1503 Eligibility and project selection
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A. Any entity constituting an eligible borrower or other project sponsor is eligible to apply to the Board for project financing from the Bank. B. All applicants for a loan or other financial assistance must file an application with the Board, which must include all items determi…