Thursday, June 26, 2008

Chris Saxman's off-shore bill passes House Rules Committee

The House Rules Committee today passed Del. Chris Saxman's HB 6006 that proposed using proceeds from off-shore oil and gas drilling for transportation needs. A similar bill prosposed by Senators Wagner and Cuccinelli died in committee in the Democrat-controlled Senate earlier this week.

There have been estimates that such off-shore proceeds could amount to $200 million a year for the next 40-50 years.

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