(Doc Name h:\legwork\house\amend\h-wm\001\118.14 jj bridge.docx):
EXPLANATION: direct funds received from the johnson and johnson settlement be used: $100m to dot for fed bridge match with the remaining funds received equally split between the 46 county transportation boards
Amend the bill, as and if amended, Part IB, Section 118,
STATEWIDE REVENUE, page 575, paragraph 118.14, after line 36, by
adding an appropriately numbered subsection to read:
/ ( ) (1)
The source of revenue appropriated in subsection (
) are generated from the funds received and certified by the
Attorney General from the Johnson and Johnson Settlement and
subsequently deposited into the Litigation Recovery Account.
(2) The State
Treasurer shall disburse the following appropriations once the
funds have been deposited into the Litigation Recovery Account
for the purposes stated.
(a)
The first $100,000,000 shall be transferred to the
Department of Transportation to be used solely by the department
for bridge replacement and rehabilitation. These funds may only
be used for bridge replacement and rehabilitation projects
currently programmed into the Statewide Transportation
Improvement Program (STIP) and Section 57-1-370 (B)(8)
prioritized replacement and rehabilitation projects approved by
the commission for future inclusion in the STIP.
(b)
The remaining funds received from the Johnson and
Johnson Settlement shall be disbursed equally between the 46
county transportation boards.
Unexpended funds appropriated
pursuant to this subsection may be carried forward to succeeding
fiscal years and expended for the same purposes./
Renumber sections to conform.
Amend totals and titles to conform.