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Issue Briefs

Statutory Transfer to Fund Transportation and Capital Construction (2016)

Subjects
Capital Construction
State Revenue & Budget
Transportation & Motor Vehicles
Published
08/17/2016

Senate Bill 09-228, adopted by the General Assembly during the 2009 legislative session, created a five-year block of statutory transfers from the General Fund to pay for transportation and capital construction projects. This issue brief discusses the state law that specifies the amounts of these transfers, the trigger that determines when they occur, and the conditions under which they may be reduced or eliminated.