Virginia § 33.2-1524.1 - Transportation Trust Fund
Full text of Virginia Code of Virginia § 33.2-1524.1 — Transportation Trust Fund, with citation guidance and answers to common questions.
§ 33.2-1524.1. Transportation Trust Fund
There is hereby created in the Department of Treasury a special nonreverting fund to be known as the Transportation Trust Fund, consisting of funds distributed from the Commonwealth Transportation Fund pursuant to § 33.2-1524. The revenues deposited pursuant to subdivision B 1 of § 33.2-1524 shall be distributed during the year to result in the following:
1. For construction programs pursuant to § 33.2-358, 53 percent;
2. To the Commonwealth Mass Transit Fund established pursuant to § 33.2-1526, 23 percent;
3. To the Commonwealth Rail Fund established pursuant to § 33.2-1526.4, 7.5 percent;
4. To the Commonwealth Port Fund established pursuant to § 33.2-1526.5, 2.5 percent;
5. To the Commonwealth Aviation Fund established pursuant to § 33.2-1526.6, 1.5 percent;
6. To the Commonwealth Space Flight Fund established pursuant to § 33.2-1526.7, one percent;
7. To the Priority Transportation Fund established pursuant to § 33.2-1527, 10.5 percent; and
8. To a special fund within the Commonwealth Transportation Fund in the state treasury, one percent to be used to meet the necessary expenses of the Department of Motor Vehicles.
Frequently Asked Questions About Virginia § 33.2-1524.1
What does Code of Virginia § 33.2-1524.1 cover?
Section 33.2-1524.1 ("Transportation Trust Fund") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 33.2-1524.1?
A common citation format is "Code of Virginia § 33.2-1524.1" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 33.2-1524.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.