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FL H1155

Bill

Status

Introduced

3/3/2011

Primary Sponsor

Lake Ray

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Redirects rental car surcharge proceeds in the State Transportation Trust Fund to prioritize projects identified by the Trade Infrastructure Investment Steering Committee beginning in fiscal year 2016-2017

  • Allocates at least 1.5 percent of Department of Transportation construction project contracts, with 1 percent directed to priority trade infrastructure projects and 0.5 percent for environmental benefits and roadside landscaping

  • Reallocates unencumbered funds from environmental enhancement allocations on January 1 and June 30 each fiscal year to trade infrastructure priority projects

  • Requires the department to reallocate at least 60 percent of cost savings from project procurements annually to priority projects identified by the Trade Infrastructure Investment Steering Committee

  • Mandates deposits of no less than $20 million annually into the State Infrastructure Bank beginning in fiscal year 2013-2014, effective July 1, 2011, contingent on adoption of House Bill 1153

Legislative Description

Transportation Project Funding

Last Action

Indefinitely postponed and withdrawn from consideration

5/7/2011

Committee Referrals

Transportation And Economic Development Appropriations Subcommittee3/14/2011

Full Bill Text

No bill text available