Virginia Code 15.2-4601: Purpose of chapter.
It is the intent of the legislature to encourage the formation of transportation improvement districts in multicounty circumstances in order to facilitate regional transportation initiatives and to gain access to revenues in addition to general state and local taxes for the purpose of accelerating construction of vital transportation improvements.
Terms Used In Virginia Code 15.2-4601
- Revenues: means any or all fees, tolls, taxes, rents, notes, receipts, assessments, moneys, and income derived by the local district and includes any cash contributions or payments made to the local district by the Commonwealth or any agency, department, or political subdivision thereof or by any other source. See Virginia Code 15.2-4602
- State: when applied to a part of the United States, includes any of the 50 states, the District of Columbia, the Commonwealth of Puerto Rico, Guam, the Northern Mariana Islands, and the United States Virgin Islands. See Virginia Code 1-245
- Transportation improvements: means any and all real or personal property utilized in constructing and improving (i) any mass transportation project and (ii) any primary highway or portion thereof, located within any district created pursuant to § Virginia Code 15.2-4602
It is the further intent of the legislature to grant to governing bodies of counties in which such transportation improvement districts may be formed the authority to provide long-term zoning and land use protection to properties paying the special taxes that further the purpose of this chapter.
It is the further intent of the legislature that all districts created pursuant to this chapter provide such long-term zoning protection where such special taxes have been imposed.
It is the further intent of the legislature to declare that the formation of transportation improvement districts and the granting of long-term land use protection in exchange for the payment of special taxes promote the public health, safety, and welfare.
1997, c. 587.