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ID S1317
Bill
Status
3/1/2012
Primary Sponsor
State Affairs Committee
Click for details
AI Summary
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Establishes a statewide bridge program prioritized by the Idaho Transportation Board based on bridge condition, age, route average daily traffic, and restrictions due to width, height, or load limits.
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Lists 11 specific highway and bridge projects eligible for GARVEE bond financing, including routes on US-95, US-93, I-84, SH-16, SH-75, US-20, and US-30.
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Sets cumulative debt service and bond-related expense limits at 20% of annual federal-aid highway apportionments through fiscal year 2010, 30% for fiscal year 2011, and allows the 30% limit to be exceeded only by affirmative action of both houses and governor approval thereafter.
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Requires the Idaho Transportation Board to list and approve all projects to be planned or constructed with bond financing as part of its annual five-year Idaho Transportation Investment Plan (ITIP).
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Requires the board to submit an annual report by November 30 that includes a status update on GARVEE bond activities, debt payment requirements, and planned highway transportation projects to be financed with bond proceeds.
Legislative Description
Amends existing law relating to highways and bridges to provide for a bridge program, to revise provisions relating to a limit on total cumulative debt service and certain expenses, to provide that the board shall list and approve certain projects and to provide for a status update.
HIGHWAYS AND BRIDGES
Last Action
to Transp
3/2/2012