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§ 33.2-1509.1 Moratorium on repayment of funds allocated for access roads program

Notwithstanding a resolution adopted by a locality or surety bond issued by a locality guaranteeing repayment within five years of an allocation by the Commonwealth Transportation Board, no locality that has been allocated funds for a bonded project by the Commonwealth Transportation Board pursuant to § 33.2-1509 shall repay such funds within a 48-month period beginning on March 16, 2017, provided that all of the other conditions of the Commonwealth Transportation Board’s economic development access policy are met.

History

This law was first created in 2017. The record of its establishment is cataloged in chapters 531 and 558 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year.

2017, cc. 531, 558.

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