LD1292

This bill codifies the Maine Turnpike Authority's contributions to the Highway Fund, including specific allocations and repayments.

This bill amends the Maine Revised Statutes to specify the Maine Turnpike Authority's contributions to the Highway Fund. It mandates that the authority transfer to the Highway Fund any revenues and reserves exceeding the sum of its legislatively approved operating budget, reserve maintenance fund, debt service fund, and debt service reserve fund. The bill also details specific allocations for the authority's reserve maintenance fund, debt service fund, and any additional amounts required to be kept in reserve.