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FL S0752
Bill
AI Summary
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Increases the maximum state funding for final design, right-of-way acquisition, and construction phases of fixed-guideway transit projects not approved for federal funding from 12.5 percent to 25 percent of the total cost of each phase.
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Maintains the existing 50 percent cap on state funding for the nonfederal share of eligible public transit capital projects and commuter assistance projects that are local in scope.
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Applies to individual fixed-guideway projects that do not receive federal funding approval.
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Effective date: July 1, 2017.
Legislative Description
Financing of Fixed-guideway Public Transit Projects
Last Action
Died in Transportation
5/5/2017
Committee Referrals
Transportation2/16/2017
Full Bill Text
No bill text available