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FL H1155
Bill
Status
3/3/2011
Primary Sponsor
Lake Ray
Click for details
AI Summary
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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
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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
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Reallocates unencumbered funds from environmental enhancement allocations on January 1 and June 30 each fiscal year to trade infrastructure priority projects
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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
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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Indefinitely postponed and withdrawn from consideration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