Legislation - SB0024

Title: Department of Transportation – Consolidated Transportation Program and Debt Limit of Grant Anticipation Revenue Vehicle Bonds (State and Federal Transportation Funding Act)
Sponsored by: Senator McCray
Status: In the Senate - Hearing 1/19 at 1:30 p.m.
Analysis: Fiscal and Policy Note

Synopsis

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.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0051

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2023

History

Legislation History
Chamber Senate Calendar Date 11/04/2022 Legislative Date 11/04/2022 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/11/2023 Legislative Date 1/11/2023 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Department of Transportation – Consolidated Transportation Program and Debt Limit of Grant Anticipation Revenue Vehicle Bonds (State and Federal Transportation Funding Act) Proceedings
Chamber Senate Calendar Date 1/12/2023 Legislative Date 1/12/2023 Action Hearing 1/19 at 1:30 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	11/04/2022	11/04/2022	Pre-filed
Senate	1/11/2023	1/11/2023	First Reading Budget and Taxation
			Text - First - Department of Transportation – Consolidated Transportation Program and Debt Limit of Grant Anticipation Revenue Vehicle Bonds (State and Federal Transportation Funding Act)
Senate	1/12/2023	1/12/2023	Hearing 1/19 at 1:30 p.m.

File Code

Subjects

Statutes