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On April 3, 2013, the Virginia General Assembly approved the final version of House Bill 2313 (HB 2313). This legislation established a dedicated, sustainable funding stream for transportation in Northern Virginia and allows the Authority to begin fulfilling its mission to address regional transportation challenges. HB 2313 separated these funds into “70% Regional Revenue,” which is allocated by the Authority for regional transportation projects; and “30% Local Distribution Revenue,” which is distributed to jurisdictions for their transportation projects and purposes.
HB 2313 Funding determinations from jurisdictions and agencies…