• Date Due: November 15, 2016
  • Author: Secretary of Transportation
  • Enabling Authority: Chapter 714 Enactment Clause 2. (Regular Session, 2016)
  • Description:
    Report on the evaluation of whether the forecasted revenue and the planned operational and capital needs of the Virginia Port Authority for the next 10 years support (i) the deposits of funding into, and continuation of, the Port Opportunity Fund as required by § 62.1-132.3:1 of the Code of Virginia, as amended, and (ii) the continuation of the Port of Virginia Economic and Infrastructure Development Grant Fund and Program established pursuant to § 62.1-132.3:2 of the Code of Virginia. The report shall include recommendations regarding modifications to or elimination of such funds, programs, and deposits.