Arizona SB1862 amends transportation fund allocations and establishes a state match advantage for rural transportation fund.

Arizona SB1862 amends the state match advantage for rural transportation fund, specifying that the Arizona Department of Transportation shall allocate and transfer $2,500,000 from the Arizona highway user revenue fund to the state match advantage for rural transportation fund by June 15 each fiscal year. The bill repeals section 28-7282 and adds a new section 28-6534, detailing the allocation and use of funds in the state match advantage for rural transportation fund. It also outlines the criteria for fund eligibility and the process for awarding and redistributing funds.

Arizona SB1862 amends transportation fund allocations and establishes a state match advantage for rural transportation fund.

Arizona SB1862 amends the state match advantage for rural transportation fund, specifying that the Arizona Department of Transportation shall allocate and transfer $2,500,000 from the Arizona highway user revenue fund to the state match advantage for rural transportation fund by June 15 each fiscal year. The bill repeals section 28-7282 and adds a new section 28-6534, detailing the allocation and use of funds in the state match advantage for rural transportation fund. It also outlines the criteria for fund eligibility and the process for awarding and redistributing funds.