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2005 SESSION
SB 993 Highway improvement funds; revenue sharing fund program to include cities and towns.
Introduced by: Jeannemarie D. Davis | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Special funds for highway improvements in localities. Expands the present revenue sharing fund program for counties to include cities and towns as well. The annual match limit is raised to $5 million per locality, and the total limit on state funds is raised to $100 million. Up to half of local contributions may take the form of proffers. Since the program now applies to all localities (not just counties), the present section embodying the program is repealed, and the new program is relocated to the article of Chapter 1 of Title 33.1 dealing with overall allocations of highway improvement funds.
FULL TEXT
HISTORY
- 01/11/05 Senate: Prefiled & ordered printed; offered 01/12/05 051385726
- 01/11/05 Senate: Referred to Committee on Transportation
- 01/20/05 Senate: Rereferred from Trans. (14-Y 0-N)
- 01/20/05 Senate: Rereferred to Finance
- 02/08/05 Senate: Left in Finance