SB0431

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Transportation - State Highway Administration - Sale or Lease of Highway Naming Rights

Sponsored by:

Senator Klausmeier

Status:

In the Senate - Hearing 2/08 at 1:00 p.m.


Synopsis:Authorizing the State Highway Administration to sell or lease to a private entity the naming rights for all or part of a State highway; prohibiting the sale or lease of highway naming rights unless the Administration makes specified determinations; requiring the term of a contract for the sale or lease of naming rights to be at least 1 year; requiring the proceeds from the sale or lease of naming rights for all or part of a State highway be credited to the Transportation Trust Fund; etc
Analysis:Fiscal and Policy Note
All Sponsors:Senators Klausmeier, Eckardt, Edwards, Ready, and Salling
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2017
Committee(s):
Budget and Taxation  View Committee Hearing
Broad Subject(s):Transportation - Highways
Narrow Subject(s):Contracts -see also- Land Installment Contracts; Procurement
Highway Administration, State
Highways
Names
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Rules and Regulations
Signs and Billboards
Statutes:Article - Transportation
(8-604, 8-604.1)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


February 9, 2017 11:34 A.M.