CT SB00595

Establish a Transportation Strategy and Advisory Board and a Connecticut and New York Railroad Strategy Board to oversee transportation planning and strategy.

Require the Commissioner of Transportation to provide specific information to both newly created boards for accountability and oversight purposes.

Require the Commissioner of Transportation to consider using TIFIA (Transportation Infrastructure Finance and Innovation Act) and RRIF (Railroad Rehabilitation & Improvement Financing) loan agreements for project funding.

Transfer funds from the Budget Reserve Fund to the State Employees Retirement Fund to pay unfunded past service liability obligations.

Direct the Auditors of Public Accounts to conduct audits of the Department of Transportation to ensure fiscal accountability and sustainability.