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ID S1063
Bill
Status
2/8/2019
Primary Sponsor
Transportation Committee
Click for details
AI Summary
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Extends the effective date of Section 40-719, Idaho Code regarding the Strategic Initiatives Program through May 31, 2024 (previously May 31, 2019).
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Modifies the Strategic Initiatives Program to allow the state controller to transfer 50% of any general fund excess cash balance to the strategic initiatives program fund after fiscal year close.
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Extends the sunset date for Sections 7, 8, and 9 of Chapter 322, Laws of 2017 to May 31, 2024, continuing provisions related to budget stabilization.
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Requires transportation projects competing for funding to be evaluated based on safety, mobility, economic opportunity, bridge repair/maintenance, public rights-of-way purchases, and children pedestrian safety.
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Apportions strategic initiatives program funding with 60% directed to Idaho Transportation Department's six districts and 40% to local units of government administered by the local highway technical assistance council.
Legislative Description
Amends existing law to extend the sunset date for the Strategic Initiatives Program and to extend the current version of the Budget Stabilization Fund for five years.
TRANSPORTATION FUNDING
Last Action
Reported Printed; referred to Transportation
2/11/2019