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HB18-1340

Transfers Of Money For State's Infrastructure

Concerning transfers of money to be used for the state's infrastructure.
Session:
2018 Regular Session
Subjects:
Capital Construction
State Government
Transportation & Motor Vehicles

Joint Budget Committee. For the 2018-19 fiscal year, the bill transfers:

  • $71,431,345 from the general fund to the capital construction fund;
  • $15,206,760 from the general fund to the information technology capital account of the capital construction fund;
  • $500,000 from the general fund exempt account of the general fund to the capital construction fund;
  • $30 million from the general fund to the controlled maintenance trust fund;
  • $150,000 from the preservation grant program account of the state historical fund for historical property rehabilitation in the capitol complex; and
  • $495 million from the general fund to the state highway fund if Senate Bill 18-001 does not pass. Of this amount, 25% is allocated to counties, 25% is allocated to municipalities, and 15% is allocated to the multimodal transportation options fund created in the bill.
    (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed

Bill Text