TITLE

Virginia Lawmakers Divided on Tax-Exempt Bonds for Transportation Projects

AUTHOR(S)
Vadum, Mathew
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/24/2005, Vol. 351 Issue 32077, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the fate of legislation that could authorize Virginia to sell tax-exempt bonds for transportation projects is now in the hands of lawmakers representing both chambers of the General Assembly. The negotiations will deal with two separate transportation finance bills that have been on a legislative roller coaster ride in recent days, as both chambers modified the measures repeatedly to reflect their own stances on whether the state should issue bonds for transportation projects. On Tuesday, the House unanimously rejected a bill sponsored by one of its own members, Vincent F. Callahan, Representative-Fairfax County, after senators voted to remove bond authority from it and returned it to the House.
ACCESSION #
16235950

 

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