Substitute Bill No. 1121 Summary

• Establishes a Transportation Strategy and Advisory Board within the Office of Policy and Management with 12 members representing mass transit, businesses, municipalities, accessibility, advocacy, port/airport authorities, and state agencies, effective July 1, 2019.

• Requires the board to submit annual reports on the fiscal health of the Special Transportation Fund starting December 1, 2020, including analysis of sustainability, revenue recommendations, transportation project priorities, and legislative recommendations.

• Mandates the board to submit comprehensive transportation strategies to the General Assembly every four years beginning January 1, 2021, addressing multimodal options, economic growth, funding sources, and regional coordination.

• Requires the Commissioner of Transportation to provide annual project priority reports identifying the top 20 transportation projects in planning/design/construction phases, unfunded projects ready to begin, bond-authorized projects not yet under construction, and 30-year priority projections.

• Authorizes the State Bond Commission to issue general obligation bonds for transportation projects capped at specified annual amounts from 2020-2029 ($623.1 million to $744.6 million per year) and up to $699.5 million annually from 2030-2050.