HB 1153 - Infrastructure Investment

• Creates the Trade Infrastructure Investment Steering Committee within the Governor's office to identify and prioritize trade infrastructure projects for seaports, airports, and rail facilities, with five members including the Secretary of Transportation and Director of Economic Development.

• Establishes a State Infrastructure Bank Selection Committee and Strategic Intermodal System Project Selection Committee to prioritize projects that promote economic development and job creation, with emphasis on trade competitiveness and Panama Canal expansion opportunities.

• Allows limited exemptions from Strategic Intermodal System level-of-service standards for multimodal cargo facilities creating at least 50 jobs that remain within 150% of adopted standards within 5 years.

• Authorizes local governments with ports, airports, and railroads to develop comprehensive economic development and intermodal transportation plans that become priority lists for state and local transportation funding.

• Streamlines port permitting by requiring notice of intent within 30 days, creating a rebuttable presumption of compliance for conceptual permits, and exempting certain seaports from maintenance dredging permit requirements if conducted to original specifications.