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2006 SESSION

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SB 721 Highway improvements; expands present revenue-sharing fund program.

Introduced by: Richard L. Saslaw | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Revenue-sharing funds for systems in certain counties, cities, and towns. Expands the present revenue-sharing fund program for counties to include cities and towns as well. The annual match limit is raised to $1 million per locality, and the total limit on state funds is raised to $50 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 Since the program now applies to all localities (not just counties), the present section embodying the program is repealed, and the new program is relocated to the article of Chapter 1 of Title 33.1 dealing with overall allocations of highway improvement funds.


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