Constitutional amendment (first resolution); transportation funding. (HJ98)

Introduced By

Del. Dave Albo (R-Springfield)

Description

Constitutional amendment (first resolution); transportation funding. Provides that moneys in the Commonwealth Transportation Fund, Transportation Trust Fund, and Highway Maintenance and Operating Fund shall be used for (i) administering, planning, constructing, improving, or maintaining the roads embraced in the systems of highways for the Commonwealth and its localities or furthering the interests of the Commonwealth in the areas of highways, public transportation, railways, seaports, or airports; (ii) making payments on bonds or other obligations that have been issued or entered into to finance transportation projects; or (iii) making loans to finance transportation projects. The amendment provides for the crediting of various sources of revenue to the transportation funds. It allows for borrowing from transportation funds for other purposes by a four-fifths vote of each house of the General Assembly. Read the Bill »

Outcome

History