Requiring the financial forecast that supports the Consolidated Transportation Program to include a reserve of $30,000,000 for changes in certain revenue sources; altering the calculation of the maximum amount of debt secured by future federal aid that the Department of Transportation may issue; providing that the maximum amount of debt that may be issued is calculated as of June 30; and providing that the proceeds from the issuance of certain debt may be used only for certain purposes.
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2023
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Last Updated: 1/31/2023 4:43 PM