SJR 27
Establishes the "Bridge and Road Authorization Trust Fund"
Sponsor:
LR Number:
2294S.01I
Last Action:
3/14/2019 - Second Read and Referred S Transportation, Infrastructure and Public Safety Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
Upon Voter Approval

Current Bill Summary

SJR 27 - This resolution modifies the State Road Fund to specify that it shall not be used for administrative costs, employment of personnel, retirement programs, or for the Highway Patrol.

The resolution establishes the "Bridge and Road Authorization Trust Fund" within the state treasury. At the end of each fiscal year, immediately following any transfers to the Budget Reserve Fund required under the Constitution, the Treasurer shall transfer to the fund 50% of the remaining balance of the General Revenue Fund.

The fund shall stand appropriated without legislative action to be used by the Highways and Transportation Commission, with 80% split evenly between congressional districts, and remaining funds to be used only for projects constructing, maintaining, or improving highways designated as arterial roads by the federal Department of Transportation. All projects for which disbursements are made shall be included on the Department of Transportation's Statewide Transportation Improvement Program.

This resolution is similar to SB 403 (2019).

ERIC VANDER WEERD

Amendments

No Amendments Found.