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2014 SESSION

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HB 349 Public-Private Transportation Act of 1995, etc.; comprehensive agreements.

Introduced by: Matthew James | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Public-Private Transportation Act of 1995 and Public-Private Education Facilities and Infrastructure Act of 2002; additional requirements for comprehensive agreements. Provides that no comprehensive agreement providing for the lease, operation, or transfer of ownership of a qualifying transportation facility under the Public-Private Transportation Act or a qualified project under the Public-Private Education Facilities and Infrastructure Act with a total value of $1 billion or more shall be executed by a state agency unless (i) approved by the Governor and (ii) a bill that includes a specific description of the proposed agreement and its anticipated expenditures and revenues is passed by the General Assembly.


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