{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/56-552.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/56-552.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/56-552.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/56-552.html"}],"law_id":62323,"edition_id":1,"section_id":62323,"structure_id":14616,"section_number":"56-552","catch_line":"Improvement Fund","history":"1988, c. 649.","full_text":"There shall be a fund established by the Commonwealth Transportation Board, from the toll revenues described in this section, for the purpose of funding transportation improvements which are related to or affected by the toll road. Toll rates shall be set in multiples of five cents; however, the Commission shall order that that percentage of each toll by which the toll established exceeds that necessary to provide the operator with an amount necessary to meet the operator&#8217;s obligations under \u00a7 56-543 and earn a reasonable return shall be committed to the fund. In addition the operator, the Board, and the local governments through which the road passes may jointly petition the Commission to establish an additional toll amount to be committed to this fund.","order_by":null,"text":{"0":{"id":227337,"text":"There shall be a fund established by the Commonwealth Transportation Board, from the toll revenues described in this section, for the purpose of funding transportation improvements which are related to or affected by the toll road. Toll rates shall be set in multiples of five cents; however, the Commission shall order that that percentage of each toll by which the toll established exceeds that necessary to provide the operator with an amount necessary to meet the operator&#8217;s obligations under \u00a7 56-543 and earn a reasonable return shall be committed to the fund. In addition the operator, the Board, and the local governments through which the road passes may jointly petition the Commission to establish an additional toll amount to be committed to this fund.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14616,"edition_id":1,"name":"Virginia Highway Corporation Act of 1988","identifier":"20","label":"chapter","depth":2,"order_by":1,"parent_id":12881,"metadata":{},"date_created":"2026-06-26 03:48:55","date_modified":"2026-06-26 03:48:55","permalink":{"id":250407,"object_type":"structure","relational_id":14616,"identifier":"20","token":"56\/20","url":"\/56\/20\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12881,"edition_id":1,"name":"Public Service Companies","identifier":"56","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:58","date_modified":"2026-06-26 03:43:58","permalink":{"id":248473,"object_type":"structure","relational_id":12881,"identifier":"56","token":"56","url":"\/56\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":70009,"structure_id":14616,"section_number":"56-535","catch_line":"Title","url":"\/56-535\/","token":"56\/20\/56-535","metadata":false},{"id":75006,"structure_id":14616,"section_number":"56-536","catch_line":"Definitions","url":"\/56-536\/","token":"56\/20\/56-536","metadata":false},{"id":82021,"structure_id":14616,"section_number":"56-537","catch_line":"Construction of highways and use of public funds in the public interest","url":"\/56-537\/","token":"56\/20\/56-537","metadata":false},{"id":63437,"structure_id":14616,"section_number":"56-538","catch_line":"Prerequisite for construction and operation","url":"\/56-538\/","token":"56\/20\/56-538","metadata":false},{"id":64175,"structure_id":14616,"section_number":"56-539","catch_line":"Certificate of authority","url":"\/56-539\/","token":"56\/20\/56-539","metadata":false},{"id":65271,"structure_id":14616,"section_number":"56-540","catch_line":"Application","url":"\/56-540\/","token":"56\/20\/56-540","metadata":false},{"id":64565,"structure_id":14616,"section_number":"56-541","catch_line":"Eminent domain","url":"\/56-541\/","token":"56\/20\/56-541","metadata":false},{"id":64762,"structure_id":14616,"section_number":"56-542","catch_line":"Powers of the Commission","url":"\/56-542\/","token":"56\/20\/56-542","metadata":false},{"id":85165,"structure_id":14616,"section_number":"56-543","catch_line":"Powers and duties of roadway operator","url":"\/56-543\/","token":"56\/20\/56-543","metadata":false},{"id":58147,"structure_id":14616,"section_number":"56-544","catch_line":"Board approval; inspection agreement with Department","url":"\/56-544\/","token":"56\/20\/56-544","metadata":false},{"id":72530,"structure_id":14616,"section_number":"56-545","catch_line":"Insurance; sovereign immunity","url":"\/56-545\/","token":"56\/20\/56-545","metadata":false},{"id":56152,"structure_id":14616,"section_number":"56-546","catch_line":"Local approvals","url":"\/56-546\/","token":"56\/20\/56-546","metadata":false},{"id":78880,"structure_id":14616,"section_number":"56-547","catch_line":"Utility crossings","url":"\/56-547\/","token":"56\/20\/56-547","metadata":false},{"id":59529,"structure_id":14616,"section_number":"56-548","catch_line":"Highway and roadway crossings","url":"\/56-548\/","token":"56\/20\/56-548","metadata":false},{"id":68873,"structure_id":14616,"section_number":"56-549","catch_line":"Default","url":"\/56-549\/","token":"56\/20\/56-549","metadata":false},{"id":59033,"structure_id":14616,"section_number":"56-550","catch_line":"Police powers; violations of law","url":"\/56-550\/","token":"56\/20\/56-550","metadata":false},{"id":71856,"structure_id":14616,"section_number":"56-551","catch_line":"Termination of certificate; dedication of assets","url":"\/56-551\/","token":"56\/20\/56-551","metadata":false},{"id":62323,"structure_id":14616,"section_number":"56-552","catch_line":"Improvement Fund","url":"\/56-552\/","token":"56\/20\/56-552","metadata":false}],"previous_section":{"id":71856,"structure_id":14616,"section_number":"56-551","catch_line":"Termination of certificate; dedication of assets","url":"\/56-551\/","token":"56\/20\/56-551","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/56-552\/","history_text":"<p>This law was first created in 1988. The record of its establishment is cataloged in chapter 649 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. Unfortunately, the 1988 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":[{"id":85165,"section_number":"56-543","catch_line":"Powers and duties of roadway operator","order_by":null,"url":"\/56-543\/"}],"permalink":{"id":250477,"object_type":"law","relational_id":62323,"identifier":"56-552","token":"56\/20\/56-552","url":"\/56-552\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/56-552\/","token":"56\/20\/56-552","dublin_core":{"Title":"Improvement Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 56-552","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>There shall be a fund established by the Commonwealth Transportation <span class=\"dictionary\">Board<\/span>, from the <span class=\"dictionary\">toll<\/span> revenues described in this section, for the purpose of funding transportation improvements which are related to or affected by the <span class=\"dictionary\">toll<\/span> road. <span class=\"dictionary\">Toll<\/span> <span class=\"dictionary\">rates<\/span> shall be set in multiples of five cents; however, the <span class=\"dictionary\">Commission<\/span> shall <span class=\"dictionary\">order<\/span> that that percentage of each <span class=\"dictionary\">toll<\/span> by which the <span class=\"dictionary\">toll<\/span> established exceeds that necessary to provide the <span class=\"dictionary\">operator<\/span> with an amount necessary to meet the <span class=\"dictionary\">operator<\/span>&#8217;s obligations under \u00a7&nbsp;<a class=\"law\" title=\"Powers and duties of roadway operator\" href=\"\/56-543\/\">56-543<\/a> and earn a reasonable return shall be committed to the fund. In addition the <span class=\"dictionary\">operator<\/span>, the <span class=\"dictionary\">Board<\/span>, and the local governments through which the road passes may jointly <span class=\"dictionary\">petition<\/span> the <span class=\"dictionary\">Commission<\/span> to establish an additional <span class=\"dictionary\">toll<\/span> amount to be committed to this fund.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nIMPROVEMENT FUND (\u00a7 56-552)\n\nThere shall be a fund established by the Commonwealth Transportation Board, from\nthe toll revenues described in this section, for the purpose of funding\ntransportation improvements which are related to or affected by the toll road.\nToll rates shall be set in multiples of five cents; however, the Commission\nshall order that that percentage of each toll by which the toll established\nexceeds that necessary to provide the operator with an amount necessary to meet\nthe operator&#8217;s obligations under \u00a7 56-543 and earn a reasonable return\nshall be committed to the fund. In addition the operator, the Board, and the\nlocal governments through which the road passes may jointly petition the\nCommission to establish an additional toll amount to be committed to this fund.\n\nHISTORY: 1988, c. 649.","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}}