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VA SB517

Bill

Status

Engrossed

2/5/2026

Primary Sponsor

William Stanley

Click for details

Origin

Senate

2026 Regular Regular Session

AI Summary

  • Increases the bond authorization limit for the U.S. Route 58 Corridor Development Program from $1.3 billion to $1.632 billion, an increase of $332 million
  • The $332 million in new bond authority is not allocated to specific project sections but intended for general completion of the corridor program
  • Funds highway construction along Virginia's southern boundary, including environmental studies, engineering, right-of-way acquisition, and construction
  • Bonds are issued by the Commonwealth Transportation Board with Governor consent and sold through the Treasury Board
  • Maintains existing project priorities established in 2013, including the Crooked Oak, Vesta, Lover's Leap, and Corridor Q sections, with Lover's Leap designated as the top construction priority

Legislative Description

U.S. Route 58 Corridor Development Program; issuance of bonds.

Last Action

Tabled in Appropriations (16-Y 6-N)

3/9/2026

Committee Referrals

Appropriations2/12/2026
Finance and Appropriations1/13/2026

Full Bill Text

No bill text available