SB1520: Capital outlay funding; authorizes Va. Public Bldg. Authority to issue bonds.

Legislative Summary

Capital outlay funding. Authorizes the Virginia Public Building Authority to issue bonds in an aggregate principal amount not to exceed $21,664,500 for the state share of certain approved capital project costs and amends 2016 legislation to authorize the Six-Year Capital Outlay Plan Advisory Committee to meet four times annually rather than quarterly. Capital outlay funding. Authorizes the Virginia Public Building Authority to issue bonds in an aggregate principal amount not to exceed $21,664,500 for the state share of certain approved capital project costs and amends 2016 legislation to authorize the Six-Year Capital Outlay Plan Advisory Committee to meet four times annually rather than quarterly.