Virginia Disposition of Unclaimed Property Act; administrator to exercise due diligence to locate owner.

2025 Regular Session Introduced by Nadarius Clark and 4 co-sponsors

Authorizes bond financing to Amite County for Brushy Creek bridge replacement and bank restabilization, improving safety and local transport access for residents and businesses.

Passed by indefinitely in Finance and Appropriations (15-Y 0-N)

Summary — HB 1640 (as described: Bonds to assist Amite County — Brushy Creek project)

Note on source material: You provided a short Bill Information block describing HB 1640 as a bonds bill for Amite County (bridge replacement and bank restabilization on Brushy Creek). The larger document contents you supplied are texts from several unrelated HB 1640 bills in other states (Arkansas, Illinois, Indiana) and do not contain the Amite County bond text. The summary below is therefore limited to and based on the bill information you gave; no detailed bill language, dollar amounts, or citations were present in the material provided. If you can supply the bill’s full text or the state/jurisdiction, I can produce a more detailed, citation-specific summary.

Purpose and intent

To authorize the issuance of bonds (or otherwise provide bond-financed assistance) to support Amite County in carrying out a public infrastructure project consisting of:
- replacing a bridge, and
- performing bank restabilization work on Brushy Creek.

The bill’s stated intent is to provide capital financing to complete the transportation and stream-stabilization project, improving public safety, local transportation access, and streambank/erosion control.

Key provisions (based on the bill title and typical structure)

Authorization to issue bonds (state or local; exact issuer and security not specified) or to provide bond proceeds/grants to Amite County for the Brushy Creek bridge replacement and bank restabilization.

A description of the eligible project components (bridge replacement, bank restabilization) and likely requirement that proceeds be spent only on the named project.

Administrative provisions (commonly included) for oversight, disbursement procedures, and reporting to the legislature or relevant agency.

Possible statement about matching funds, permitting requirements, or compliance with state procurement/environmental rules (not provided in the materials).

Who would be affected

Amite County government (direct beneficiary and implementing authority).

Local residents and businesses who use the bridge and live/operate near Brushy Creek (improved safety and reduced flood/erosion risk).

State or local taxpayers if bonds are backed by a state/local pledge; potential impact on public debt capacity and future debt service obligations.

Contractors, engineering firms, and environmental consultants engaged in the work.

Fiscal and procedural aspects

No dollar amounts, debt terms, or fiscal note were provided.

Procedural status: Introduced December 16, 2024; listed as “Died In Committee” (i.e., the measure did not advance out of committee during that session).

Classification/subject: Ways and Means (indicating the bill involved public financing or debt-authorizing action).

Practical impact and next steps

If enacted, the bill would enable Amite County to proceed with a defined bridge and bank-restabilization project using bond proceeds or bond-funded assistance, potentially accelerating repairs and reducing local hazard risk.

Because the bill died in committee, the project would require reintroduction of the bill or alternative funding sources (local bonds, federal grants, state economic or transportation programs).

To provide a precise fiscal impact, statutory citations, bond amount, security, repayment source, and administrative details, please provide the full bill text or identify the state/jurisdiction and bill version.