{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/33.2-3500.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/33.2-3500.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/33.2-3500.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/33.2-3500.html"}],"law_id":78646,"edition_id":1,"section_id":78646,"structure_id":15861,"section_number":"33.2-3500","catch_line":"Commuter Rail Operating and Capital Fund","history":"2018, cc. 854, 856.","full_text":"A\n\nThe General Assembly declares it to be in the public interest that developing and continuing commuter rail operations and developing rail infrastructure, rolling stock, and support facilities to support commuter rail service are important elements of a balanced transportation system in the Commonwealth and further declares that retaining, maintaining, improving, and developing commuter rail-related infrastructure improvements and operations are essential to the Commonwealth’s continued economic growth, vitality, and competitiveness in national and world markets.B\n\nThere is hereby created in the state treasury a special nonreverting fund to be known as the Commuter Rail Operating and Capital Fund, referred to in this section as “the Fund.” The Fund shall be established on the books of the Comptroller and shall consist of funds deposited into the Fund pursuant to § 58.1-2299.20 and other funds as may be set forth in a general appropriation act or allocated by the Commonwealth Transportation Board. Such funds shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. The Comptroller shall disburse funds in the Fund monthly to transportation districts established pursuant to Chapter 19 (§ 33.2-1900 et seq.) that on July 1, 2018, jointly operate a commuter rail system. The amount distributed to each transportation district shall be determined by multiplying the total amount of funds available for disbursement by a fraction, the numerator of which shall be such transportation district’s share of funding for the commuter rail service jointly operated by the two transportation districts and the denominator of which shall be the total funding provided by both transportation districts for such commuter rail service.C\n\nIf the transportation districts described in subsection B determine that such moneys distributed to the districts exceed the amount required to meet the current capital and operating needs of the commuter rail system, they may invest such excess moneys to the same extent as provided in subsection A of § 33.2-1525 for excess funds in the Transportation Trust Fund.D\n\nThe amounts deposited into the Fund and the distribution and expenditure of such amounts shall not be used to calculate or reduce the share of federal, state, or local revenues otherwise available to participating jurisdictions. Further, such revenues and moneys shall not be included in any computation of, or formula for, a locality’s ability to pay for public education, upon which appropriations of state revenues to local governments for public education are determined. Any amounts deposited pursuant to § 58.1-2299.20 shall be considered local funds when used to make a required match for state or federal transportation grant funds.","order_by":null,"text":{"0":{"id":281804,"text":"The General Assembly declares it to be in the public interest that developing and continuing commuter rail operations and developing rail infrastructure, rolling stock, and support facilities to support commuter rail service are important elements of a balanced transportation system in the Commonwealth and further declares that retaining, maintaining, improving, and developing commuter rail-related infrastructure improvements and operations are essential to the Commonwealth’s continued economic growth, vitality, and competitiveness in national and world markets.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":281805,"text":"There is hereby created in the state treasury a special nonreverting fund to be known as the Commuter Rail Operating and Capital Fund, referred to in this section as “the Fund.” The Fund shall be established on the books of the Comptroller and shall consist of funds deposited into the Fund pursuant to § 58.1-2299.20 and other funds as may be set forth in a general appropriation act or allocated by the Commonwealth Transportation Board. Such funds shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. The Comptroller shall disburse funds in the Fund monthly to transportation districts established pursuant to Chapter 19 (§ 33.2-1900 et seq.) that on July 1, 2018, jointly operate a commuter rail system. The amount distributed to each transportation district shall be determined by multiplying the total amount of funds available for disbursement by a fraction, the numerator of which shall be such transportation district’s share of funding for the commuter rail service jointly operated by the two transportation districts and the denominator of which shall be the total funding provided by both transportation districts for such commuter rail service.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":281806,"text":"If the transportation districts described in subsection B determine that such moneys distributed to the districts exceed the amount required to meet the current capital and operating needs of the commuter rail system, they may invest such excess moneys to the same extent as provided in subsection A of § 33.2-1525 for excess funds in the Transportation Trust Fund.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":281807,"text":"The amounts deposited into the Fund and the distribution and expenditure of such amounts shall not be used to calculate or reduce the share of federal, state, or local revenues otherwise available to participating jurisdictions. Further, such revenues and moneys shall not be included in any computation of, or formula for, a locality’s ability to pay for public education, upon which appropriations of state revenues to local governments for public education are determined. Any amounts deposited pursuant to § 58.1-2299.20 shall be considered local funds when used to make a required match for state or federal transportation grant funds.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":15861,"edition_id":1,"name":"Commuter Rail Operating and Capital Fund","identifier":"35","label":"chapter","depth":3,"order_by":1,"parent_id":12807,"metadata":{},"date_created":"2026-06-26 04:00:47","date_modified":"2026-06-26 04:00:47","permalink":{"id":207791,"object_type":"structure","relational_id":15861,"identifier":"35","token":"33.2\/IV\/35","url":"\/33.2\/IV\/35\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12807,"edition_id":1,"name":"Local and Regional Transportation","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12806,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":206943,"object_type":"structure","relational_id":12807,"identifier":"IV","token":"33.2\/IV","url":"\/33.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12806,"edition_id":1,"name":"Highways and Other Surface Transportation Systems","identifier":"33.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":204785,"object_type":"structure","relational_id":12806,"identifier":"33.2","token":"33.2","url":"\/33.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":78646,"structure_id":15861,"section_number":"33.2-3500","catch_line":"Commuter Rail Operating and Capital Fund","url":"\/33.2-3500\/","token":"33.2\/IV\/35\/33.2-3500","metadata":false},{"id":84385,"structure_id":15861,"section_number":"33.2-3501","catch_line":"Use of revenues in the Fund","url":"\/33.2-3501\/","token":"33.2\/IV\/35\/33.2-3501","metadata":false},{"id":61309,"structure_id":15861,"section_number":"33.2-3502","catch_line":"Authority to issue bonds","url":"\/33.2-3502\/","token":"33.2\/IV\/35\/33.2-3502","metadata":false}],"next_section":{"id":84385,"structure_id":15861,"section_number":"33.2-3501","catch_line":"Use of revenues in the Fund","url":"\/33.2-3501\/","token":"33.2\/IV\/35\/33.2-3501","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/33.2-3500\/","history_text":"

This law was first created in 2018. The record of its establishment is cataloged in chapters 854<\/a> and 856<\/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":84385,"section_number":"33.2-3501","catch_line":"Use of revenues in the Fund","order_by":null,"url":"\/33.2-3501\/"},{"id":61309,"section_number":"33.2-3502","catch_line":"Authority to issue bonds","order_by":null,"url":"\/33.2-3502\/"},{"id":56491,"section_number":"58.1-2299.20","catch_line":"Disposition of tax revenues","order_by":null,"url":"\/58.1-2299.20\/"}],"refers_to":[{"id":54699,"section_number":"33.2-1525","catch_line":"Administration of Transportation Trust Fund","order_by":null,"url":"\/33.2-1525\/"},{"id":55611,"section_number":"33.2-1900","catch_line":"Declaration of policy","order_by":null,"url":"\/33.2-1900\/"},{"id":56491,"section_number":"58.1-2299.20","catch_line":"Disposition of tax revenues","order_by":null,"url":"\/58.1-2299.20\/"}],"permalink":{"id":207793,"object_type":"law","relational_id":78646,"identifier":"33.2-3500","token":"33.2\/IV\/35\/33.2-3500","url":"\/33.2-3500\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/33.2-3500\/","token":"33.2\/IV\/35\/33.2-3500","dublin_core":{"Title":"Commuter Rail Operating and Capital Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 33.2-3500","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The General Assembly declares it to be in the public interest that developing and continuing commuter rail operations and developing rail infrastructure, rolling stock, and support facilities to support commuter rail service are important elements of a balanced transportation system in the Commonwealth and further declares that retaining, maintaining, improving, and developing commuter rail-related infrastructure improvements and operations are essential to the Commonwealth’s continued economic growth, vitality, and competitiveness in national and world markets. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> There is hereby created in the state treasury a special nonreverting fund to be known as the Commuter Rail Operating and Capital Fund, referred to in this section as “the Fund.” The Fund shall be established on the books of the Comptroller and shall consist of funds deposited into the Fund pursuant to § 58.1-2299.20<\/a> and other funds as may be set forth in a general appropriation act or allocated by the Commonwealth Transportation Board<\/span>. Such funds shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. The Comptroller shall disburse funds in the Fund monthly to transportation districts established pursuant to Chapter 19 (§ 33.2-1900<\/a> et seq.) that on July 1, 2018, jointly operate a commuter rail system. The amount distributed to each transportation district shall be determined by multiplying the total amount of funds available for disbursement by a fraction, the numerator of which shall be such transportation district’s share of funding for the commuter rail service jointly operated by the two transportation districts and the denominator of which shall be the total funding provided by both transportation districts for such commuter rail service. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> If the transportation districts described in subsection B determine that such moneys distributed to the districts exceed the amount required to meet the current capital and operating needs of the commuter rail system, they may invest such excess moneys to the same extent as provided in subsection A of § 33.2-1525<\/a> for excess funds in the Transportation Trust Fund. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> The amounts deposited into the Fund and the distribution and expenditure of such amounts shall not be used to calculate or reduce the share of federal, state, or local revenues otherwise available to participating jurisdictions<\/span>. Further, such revenues and moneys shall not be included in any computation of, or formula for, a locality’s ability to pay for public education, upon which appropriations of state revenues to local governments for public education are determined. Any amounts deposited pursuant to § 58.1-2299.20<\/a> shall be considered local funds when used to make a required match for state or federal transportation grant funds. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCOMMUTER RAIL OPERATING AND CAPITAL FUND (\u00a7 33.2-3500)\n\nA. The General Assembly declares it to be in the public interest that developing\nand continuing commuter rail operations and developing rail infrastructure,\nrolling stock, and support facilities to support commuter rail service are\nimportant elements of a balanced transportation system in the Commonwealth and\nfurther declares that retaining, maintaining, improving, and developing commuter\nrail-related infrastructure improvements and operations are essential to the\nCommonwealth’s continued economic growth, vitality, and competitiveness in\nnational and world markets.\n\nB. There is hereby created in the state treasury a special nonreverting fund to\nbe known as the Commuter Rail Operating and Capital Fund, referred to in this\nsection as “the Fund.” The Fund shall be established on the books of\nthe Comptroller and shall consist of funds deposited into the Fund pursuant to\n§ 58.1-2299.20 and other funds as may be set forth in a general\nappropriation act or allocated by the Commonwealth Transportation Board. Such\nfunds shall be paid into the state treasury and credited to the Fund. Interest\nearned on moneys in the Fund shall remain in the Fund and be credited to it. Any\nmoneys remaining in the Fund, including interest thereon, at the end of each\nfiscal year shall not revert to the general fund but shall remain in the Fund.\nThe Comptroller shall disburse funds in the Fund monthly to transportation\ndistricts established pursuant to Chapter 19 (§ 33.2-1900 et seq.) that on\nJuly 1, 2018, jointly operate a commuter rail system. The amount distributed to\neach transportation district shall be determined by multiplying the total amount\nof funds available for disbursement by a fraction, the numerator of which shall\nbe such transportation district’s share of funding for the commuter rail\nservice jointly operated by the two transportation districts and the denominator\nof which shall be the total funding provided by both transportation districts\nfor such commuter rail service.\n\nC. If the transportation districts described in subsection B determine that such\nmoneys distributed to the districts exceed the amount required to meet the\ncurrent capital and operating needs of the commuter rail system, they may invest\nsuch excess moneys to the same extent as provided in subsection A of §\n33.2-1525 for excess funds in the Transportation Trust Fund.\n\nD. The amounts deposited into the Fund and the distribution and expenditure of\nsuch amounts shall not be used to calculate or reduce the share of federal,\nstate, or local revenues otherwise available to participating jurisdictions.\nFurther, such revenues and moneys shall not be included in any computation of,\nor formula for, a locality’s ability to pay for public education, upon\nwhich appropriations of state revenues to local governments for public education\nare determined. Any amounts deposited pursuant to § 58.1-2299.20 shall be\nconsidered local funds when used to make a required match for state or federal\ntransportation grant funds.\n\nHISTORY: 2018, cc. 854, 856.","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}}