House Bill 291 (2010)

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House Bill 291 (or BR 995 2010) was introduced on January 20, 2010 by Representative Rick Rand to the 2010 General Assembly.

It is an act relating to appropriations providing financing and conditions for the operations, maintenance, support, and functioning of the Department of Transportation of the Commonwealth of Kentucky.

House Bill 291 proposes that the Transportation Cabinet Budget: appropriate from the General Fund, Restricted Funds, Federal Funds, Road Fund, and Highway Bonds $2,252,590,300 in fiscal year 2010-2011 and $2,385,691,000 in fiscal year 2011-2012 for operating costs; appropriate from Bond Funds, Road Fund, and Investment Income for various capital projects; require the Secretary of the Transportation Cabinet to produce a document detailing the 2010-2012 Biennial Highway Construction Program and the Highway Preconstruction Program; provide debt service to the General Administration and Support budget unit; allow the Transportation Cabinet to receive funds and services for the Adopt-A-Highway Litter Program; provide funds for Aviation's operational costs; provide debt service to the Aviation budget unit; provide funds for Economic Development Road lease-rental payments; provide for excess lease-rental payments; provide that no portion of the revenues to the state Road Fund accrue to the Debt Payment Acceleration Fund account; provide debt service for Grant Anticipation Revenue Vehicle (GARVEE) Bonds; provide funds for the State Supported Construction Program; provide for Economic Development Road Bonds; authorize projects in the 2008-2010 Biennial Highway Construction Plan to continue into the 2010-2012 biennium; provide funds for the Kentucky Transportation Center and new highway equipment purchases; authorize the Transportation Cabinet to match federal highway moneys; prioritize projects should any additional federal highway moneys become available; authorize the Transportation Cabinet to continue the Cash Management Plan and to make programmatic adjustments; provide for carry forward of any unexpended Road Fund appropriations in the Highways budget unit for various programs; provide debt service for Wetland Restoration; provide for the transfer of Road Fund resources for judgments; authorize the Transportation Cabinet to maximize the use of Toll Credits; provide funds for nonpublic school transportation; provide funds for the County Road Aid Program, the Rural Secondary Program, the Municipal Road Aid Program, and the Energy Recovery Road Fund; provide debt service to the Vehicle Regulation budget unit; provide for Capital Construction Fund appropriations and reauthorizations; provide for the expiration of existing line-item capital construction projects; detail bond proceeds investment income; provide for the payments of Wetland Restoration; and authorize various capital projects.[1]

Links

References

  1. HB 291 on lrc.ky.gov