{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/33.2-1526.5.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/33.2-1526.5.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/33.2-1526.5.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/33.2-1526.5.html"}],"law_id":76515,"edition_id":1,"section_id":76515,"structure_id":13148,"section_number":"33.2-1526.5","catch_line":"Commonwealth Port Fund","history":"2020, cc. 1230, 1275.","full_text":"A\n\nThere is hereby created in the Department of the Treasury a special nonreverting fund that shall be a part of the Transportation Trust Fund and shall be known as the Commonwealth Port Fund (the Fund).B\n\nThe Fund shall be established on the books of the Comptroller and the funds remaining in such Fund at the end of a biennium shall not revert to the general fund but shall remain in the Fund. Interest earned on such funds shall remain in the Fund and be credited to it. Funds may be paid to any authority, locality, or commission for the purposes hereinafter specified.C\n\nThe amounts allocated pursuant to this section shall be allocated by the Board to the Board of Commissioners of the Virginia Port Authority to be used to support port capital needs and the preservation of existing capital needs of all ocean, river, or tributary ports within the Commonwealth. Expenditures for such capital needs are restricted to those capital projects specified in subsection B of § 62.1-132.1.D\n\nFund revenue shall be allocated by the Board of Commissioners to the Virginia Port Authority in order to foster and stimulate the flow of maritime commerce through the ports of Virginia, including but not limited to the ports of Richmond, Hopewell, and Alexandria.","order_by":null,"text":{"0":{"id":274678,"text":"There is hereby created in the Department of the Treasury a special nonreverting fund that shall be a part of the Transportation Trust Fund and shall be known as the Commonwealth Port Fund (the Fund).","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":274679,"text":"The Fund shall be established on the books of the Comptroller and the funds remaining in such Fund at the end of a biennium shall not revert to the general fund but shall remain in the Fund. Interest earned on such funds shall remain in the Fund and be credited to it. Funds may be paid to any authority, locality, or commission for the purposes hereinafter specified.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":274680,"text":"The amounts allocated pursuant to this section shall be allocated by the Board to the Board of Commissioners of the Virginia Port Authority to be used to support port capital needs and the preservation of existing capital needs of all ocean, river, or tributary ports within the Commonwealth. Expenditures for such capital needs are restricted to those capital projects specified in subsection B of § 62.1-132.1.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":274681,"text":"Fund revenue shall be allocated by the Board of Commissioners to the Virginia Port Authority in order to foster and stimulate the flow of maritime commerce through the ports of Virginia, including but not limited to the ports of Richmond, Hopewell, and Alexandria.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":13148,"edition_id":1,"name":"Transportation Trust Fund","identifier":"5","label":"article","depth":4,"order_by":1,"parent_id":13147,"metadata":{},"date_created":"2026-06-26 03:44:21","date_modified":"2026-06-26 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Fund","url":"\/33.2-1524.1\/","token":"33.2\/III\/15\/5\/33.2-1524.1","metadata":false},{"id":54699,"structure_id":13148,"section_number":"33.2-1525","catch_line":"Administration of Transportation Trust Fund","url":"\/33.2-1525\/","token":"33.2\/III\/15\/5\/33.2-1525","metadata":false},{"id":65252,"structure_id":13148,"section_number":"33.2-1526","catch_line":"Commonwealth Mass Transit Fund","url":"\/33.2-1526\/","token":"33.2\/III\/15\/5\/33.2-1526","metadata":false},{"id":56022,"structure_id":13148,"section_number":"33.2-1526.1","catch_line":"Use of the Commonwealth Mass Transit Fund","url":"\/33.2-1526.1\/","token":"33.2\/III\/15\/5\/33.2-1526.1","metadata":false},{"id":86224,"structure_id":13148,"section_number":"33.2-1526.2","catch_line":"Commonwealth Transit Capital Fund","url":"\/33.2-1526.2\/","token":"33.2\/III\/15\/5\/33.2-1526.2","metadata":false},{"id":69870,"structure_id":13148,"section_number":"33.2-1526.3","catch_line":"Transit Ridership Incentive 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This law was first created in 2020. The record of its establishment is cataloged in chapters 1230<\/a> and 1275<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":77204,"section_number":"33.2-1524.1","catch_line":"Transportation Trust Fund","order_by":null,"url":"\/33.2-1524.1\/"}],"refers_to":false,"permalink":{"id":206629,"object_type":"law","relational_id":76515,"identifier":"33.2-1526.5","token":"33.2\/III\/15\/5\/33.2-1526.5","url":"\/33.2-1526.5\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/33.2-1526.5\/","token":"33.2\/III\/15\/5\/33.2-1526.5","dublin_core":{"Title":"Commonwealth Port Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 33.2-1526.5","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> There is hereby created in the Department<\/span> of the Treasury a special nonreverting fund that shall be a part of the Transportation Trust Fund and shall be known as the Commonwealth Port Fund (the Fund). <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The Fund shall be established on the books of the Comptroller and the funds remaining in such Fund at the end of a biennium shall not revert to the general fund but shall remain in the Fund. Interest earned on such funds shall remain in the Fund and be credited to it. Funds may be paid to any authority, locality, or commission for the purposes hereinafter specified. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The amounts allocated pursuant to this section shall be allocated by the Board<\/span> to the Board<\/span> of Commissioners<\/span> of the Virginia Port Authority to be used to support port capital needs and the preservation of existing capital needs of all ocean, river, or tributary ports within the Commonwealth. Expenditures for such capital needs are restricted to those capital projects specified in subsection B of § 62.1-132.1<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> Fund revenue shall be allocated by the Board<\/span> of Commissioners<\/span> to the Virginia Port Authority in order<\/span> to foster and stimulate the flow of maritime commerce through the ports of Virginia, including but not limited to the ports of Richmond, Hopewell, and Alexandria. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCOMMONWEALTH PORT FUND (\u00a7 33.2-1526.5)\n\nA. There is hereby created in the Department of the Treasury a special\nnonreverting fund that shall be a part of the Transportation Trust Fund and\nshall be known as the Commonwealth Port Fund (the Fund).\n\nB. The Fund shall be established on the books of the Comptroller and the funds\nremaining in such Fund at the end of a biennium shall not revert to the general\nfund but shall remain in the Fund. Interest earned on such funds shall remain in\nthe Fund and be credited to it. Funds may be paid to any authority, locality, or\ncommission for the purposes hereinafter specified.\n\nC. The amounts allocated pursuant to this section shall be allocated by the\nBoard to the Board of Commissioners of the Virginia Port Authority to be used to\nsupport port capital needs and the preservation of existing capital needs of all\nocean, river, or tributary ports within the Commonwealth. Expenditures for such\ncapital needs are restricted to those capital projects specified in subsection B\nof § 62.1-132.1.\n\nD. Fund revenue shall be allocated by the Board of Commissioners to the Virginia\nPort Authority in order to foster and stimulate the flow of maritime commerce\nthrough the ports of Virginia, including but not limited to the ports of\nRichmond, Hopewell, and Alexandria.\n\nHISTORY: 2020, cc. 1230, 1275.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}