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§ 33-2-1524-1 — Virginia Law | CourtGPT
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Virginia Legal Code

§ 33-2-1524-1

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There is hereby created in the Department of Treasury a special nonreverting fund to be known as the Transportation Trust Fund, consisting of funds distributed from the Commonwealth Transportation Fund pursuant to § 33.2-1524. The revenues deposited pursuant to subdivision B 1 of § 33.2-1524 shall be distributed during the year to result in the following:\n1. For construction programs pursuant to § 33.2-358, 53 percent;\n2. To the Commonwealth Mass Transit Fund established pursuant to § 33.2-1526, 23 percent;\n3. To the Commonwealth Rail Fund established pursuant to § 33.2-1526.4, 7.5 percent;\n4. To the Commonwealth Port Fund established pursuant to § 33.2-1526.5, 2.5 percent;\n5. To the Commonwealth Aviation Fund established pursuant to § 33.2-1526.6, 1.5 percent;\n6. To the Commonwealth Space Flight Fund established pursuant to § 33.2-1526.7, one percent;\n7. To the Priority Transportation Fund established pursuant to § 33.2-1527, 10.5 percent; and\n8. To a special fund within the Commonwealth Transportation Fund in the state treasury, one percent to be used to meet the necessary expenses of the Department of Motor Vehicles.\n2020, cc. 1230, 1275.