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Governor McDonnell Announces New Transportation Funding Law Pumps an Additional $4 Billion into the Draft Six Year Transportation Program

Governor McDonnell Announces New Transportation Funding Law Pumps an Additional $4 Billion into the Draft Six Year Transportation Program

Governor Bob McDonnell announced today that HB 2313, the transportation funding bill he signed into law this week, went into immediate action today when the Commonwealth Transportation Board (CTB) released the state's working draft of the Fiscal Years 2014-2019 Six - Year Improvement Program. The program allocates $15.4 billion, a $4 billion increase, in funding to transportation improvements over the next six fiscal years beginning July 1, 2013. Improvements include highway, road, rail, transit and bridge projects and other improvements across the state. Each year the six-year program is updated to reflect the latest projected revenues and transportation priorities. 

To read more about the draft Six - Year Improvement Program and view the Governor's press release, click here

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