Hampton Roads, VA Car and Truck Accident Attorney Reports- Virginia to Sell Naming Rights to Major Highways
Is this what the Old Dominion has been reduced to so we can pave the roadways ? If Governor Bob the Lawyer gets his way we just might be there.
Governor Bob McDonnell presented new parts at the General Assembly in regards to his Transportation Plan. This plan has three parts and would cost a total of $4 billion dollars to complete.McDonnell also wants to increase contribution of .25 of the state sales tax to help Transportation. This increased contribution would be in effect for eight years. In addition, he proposed that any money that the state has left over would go to transportation.
A main part that Governor McDonnell proposed was to sell the naming rights of bridges, highways and interchanges. With the revenue received from this, the maintenance costs for the named infrastructure would be covered. The contract to name Virginia infrastructures would be on a yearly base.
Next, McDonnell wants to increase the competition in the Port of Virginia. To do this, he wants an increase in shipping related tax credits.
The VA Chapter of the Sierra Club is not big fans of McDonnell’s proposed plan. They feel as if McDonnell will be denying funds to focal functions of Virginia like education or health care. Governor McDonnell expressed that, “without adequate transportation system, almost every aspect of daily lives and government are negatively impacted.”
I hope that with more maintenance on the roads, there will be less car accidents and car congestion. Can you imagine all of our highways with potholes and disappearing road marks because of lack of funding to fix these problems?