Establishes the dedicated highway and bridge trust fund reform act; ensures that money deposited into the dedicated highway and bridge trust fund is.
The bill establishes the dedicated highway and bridge trust fund reform act, ensuring that money deposited into the dedicated highway and bridge trust fund is spent on construction purposes and not Department of Transportation (DOT) and Department of Motor Vehicles (DMV) operational activities. It specifies that funds can be used for reconstruction, replacement, reconditioning, restoration, rehabilitation, and preservation of roads, highways, parkways, and bridges. It also allows for the payment of debt service on bonds, notes, or other obligations related to these projects.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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