Amends the powers and responsibilities of the State Corporation Commission (SCC) to regulate toll road operators under the Virginia Highway Corporation Act of 1988. The measure adds requirements that toll rates not materially discourage the public's use of the toll road, that the cost of operating the toll road be reasonably apportioned across all toll road users based on the relative distance each class of user travels on the toll road such that the toll rates are established in a reasonable and nondiscriminatory manner in relation to the benefit obtained, and that toll rates shall provide the operator with no more than a reasonable return. In addition, the measure (i) requires the SCC, by October 1, 2019, to initiate an investigation into the tolls charged by all operators subject to the Act and to issue a ruling by April 1, 2020, on its investigation as to whether the current tolls charged by the operator comply with such new requirements; (ii) prohibits the SCC from using the fact that any incremental return resulting from increased traffic related to a relative change in potential toll users that is greater than zero on a cumulative basis as the sole basis for finding that the operator's return exceeds a reasonable level as specified in such new requirements, during any future complaint proceeding; (iii) requires the SCC, in its initial investigation, to develop a baseline from which it can measure the relative change in potential toll users and directs how the incremental return shall be computed; (iv) prohibits an operator from seeking a toll increase that attempts to raise its return above the reasonable level; (v) requires the full disclosure, in public financial reports to the SCC, of the details of any related party transactions; and (vi) establishes a presumption that any related party transactions shall be presumed to be imprudent and excluded from costs used for any purpose, including but not limited to costs of lobbyists, excessive compensation, and entertainment expenses, unless the operator provides information showing that at least three separate competitive bids demonstrate that the operator could not have achieved better contract terms from a third party.
FW
Total votes
3,223
all sessions
Attendance
98%
43 missed
Near the chamber average
With party
96%
of cast votes
Lower than 96% of chamber peers
Bipartisan score
2%
crosses aisle rarely
Higher than 90% of chamber peers
Sponsored
288
bills & resolutions
Lower than 84% of chamber peers
Committees
0
assignments
288 bills and resolutions
Sponsored bills
Total
288
Primary
68
Co-sponsor
220
This page
288
matching current filters
Dulles Greenway; powers and responsibilities of SCC to regulate toll road operators.
In committee Jan 9, 2019
1 co-sponsor
In committee Jan 8, 2019
0 co-sponsors
In committee Jan 8, 2019
0 co-sponsors
In committee Jan 8, 2019
0 co-sponsors
In committee Jan 8, 2019
0 co-sponsors
In committee Jan 8, 2019
0 co-sponsors
In committee Jan 8, 2019
0 co-sponsors
Remote sales and use tax collection; disposition of revenues.
Repeals contingent provisions of bills adopted in prior sessions of the General Assembly related to the disposition of certain sales and use tax revenues that would take effect if the United States Congress enacted legislation related to remote sales and use tax collection. By repealing these provisions, any revenues generated from the remote collection of sales and use tax in the Commonwealth would be allocated in accordance with the existing sales and use tax allocation formula, and the gas tax will remain at its current rate. The bill was incorporated into
In committee Jan 8, 2019
0 co-sponsors
In committee Jan 8, 2019
0 co-sponsors
Introduced May 30, 2018
1 co-sponsor
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