Provides for the funding of certain projects from the Construction Subfund. (7/1/22) (EG SEE FISC NOTE SD EX See Note)
Impact
The bill's provisions are designed to support local government initiatives by allowing them to access funds for specific transportation projects without being hindered by previous funding constraints. By enumerating the allowable expenses associated with these projects directly, the bill effectively facilitates a more straightforward approach to securing financial support for infrastructure development in local jurisdictions. This could lead to enhanced project completion timelines and improved transportation infrastructure statewide.
Summary
Senate Bill 138 addresses the funding of certain transportation-related projects through the Construction Subfund of the Transportation Trust Fund. The bill amends existing law to specify that direct costs associated with project delivery, construction, and maintenance for local government projects can be funded using money from this subfund. The intended effect is to streamline funding processes while providing financial resources for critical infrastructure improvements.
Sentiment
General sentiment around SB138 appears to be supportive, particularly among those advocating for improved transportation funding strategies and infrastructure development. Proponents of the bill argue that it recognizes the need for financial flexibility within local governments, allowing them more autonomy in addressing their specific infrastructure needs. However, some concerns may arise regarding the prioritization of projects and the potential strain on available funds if not managed properly.
Contention
While the bill primarily enjoys support, there may be contention regarding the procurement and allocation of funds within the Construction Subfund. Critics might express reservations about how these funds are distributed among various project types, emphasizing the need for oversight to ensure equitable access for all local governments. Additionally, there might be discussions around the definitions and criteria set forth in the bill concerning what constitutes eligible projects, with calls for clarity to prevent potential misuse or misallocation of resources.
Provides for utilization of certain monies in the Construction Subfund of the Transportation Trust Fund for federal match. (gov sig) (EN NO IMPACT SD EX See Note)
Provides relative to the use of certain monies in the Transportation Trust Fund by the Department of Transportation and Development (EG SEE FISC NOTE SD EX See Note)
Dedicates the economic proceeds from the Deepwater Horizon litigation to transportation projects and redirects funding to the Construction Subfund of the Transportation Trust Fund (EN -$24,000,000 GF RV See Note)
Phases in the dedication of the temporary state sales tax levy to the Construction Subfund of the Transportation Trust Fund. (8/1/22) (OR -$226,500,000 SG RV See Note)