Passed in 2013, HB2313 is the largest transportation funding bill in the history of the Commonwealth. Prior to HB2313, Virginia faced a true transportation funding crisis. More than two years later we have seen numerous positive impacts on our transportation network and while funding is greater, it cannot be checked off the list as a problem solved and we must continue to advocate for transportation funding.
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After years of transportation woes and funding challenges, Virginia finally passed a funding package, House Bill 2313, in 2013 to help address the Commonwealth’s transportation funding crisis. Development and improvement projects, such as I-95, Route 29 and I-64, have already received money from the bill. A new set of funding allocations will also have a significant impact on transportation projects across the Commonwealth. However, despite the increased funding:
- There is little state money for secondary road construction, highway corridors, transit or rail initiatives or improvements to expand ports and airports.
- Costs to fix Virginia’s highway pavements are in excess of $1 billion.
- Twenty-six percent of bridges are structurally deficient or functionally obsolete, and the estimated cost of repairs is $3 billion.
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