SJR 9 - Eigel, Bill
Proposes a constitutional amendment establishing the Interstate 70 Improvement Fund and requiring certain deposits into the fund
Bill Details
Sponsor
LR Number
0589S.02I
Title
SJR 9
House Handler
N/A
Journal Page
N/A
Effective Date
Upon voter approval
Current Status
Hearing Scheduled But Not Heard S Transportation, Infrastructure and Public Safety Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SJR 9 - This proposed constitutional amendment, if approved by voters, establishes the "Interstate 70 Improvement Fund", to be used solely by the Highways and Transportation Commission for the purposes of completing and widening or otherwise improving and maintaining Interstate 70.
2% of net general revenue collections annually shall be deposited in the fund.
On January 1 of each year, any money in the General Revenue Fund in excess of $4 billion, but not to exceed $1.5 billion, shall be deposited in the fund.
Deposit requirements under the act shall expire August 28, 2033.
This resolution is similar to SS/SCS/SB 317 (2023) and provisions in SB 457 (2017).
ERIC VANDER WEERD