CT HB06310

Requires the Secretary of the Office of Policy and Management and the Commissioner of Administrative Services to create a transparent and objective methodology for ranking and rating transportation capital projects exceeding a specified cost threshold.

Methodology must evaluate projects by providing comparative economic value, utilization measures including subsidy levels, social long-term value of investment, and return on equity metrics.

Projects must be ranked on a scale of one to ten using the established methodology.

Requires a nonpartisan body to apply the methodology to all qualifying transportation capital projects.

Aims to allocate transportation capital to the most useful projects without political interference.