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ID H0325
Bill
Status
2/3/2020
Primary Sponsor
Transportation and Defense Committee
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AI Summary
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Allocates one or two percent of sales tax revenue (minimum $15,000,000) to transportation funding, distributed as 60% to the Transportation Expansion and Congestion Mitigation Fund and 40% to the Bridge Maintenance and Replacement Program Fund.
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Establishes the Bridge Maintenance and Replacement Program Fund in the state treasury to finance repair or replacement of local bridges through a grant program administered by the Idaho Transportation Department.
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Directs the Idaho Transportation Board to prioritize mitigation of traffic congestion from the state campus site at 11311 West Chinden Boulevard in Boise when approving transportation projects.
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Authorizes the Idaho Housing and Finance Association to issue bonds secured by unobligated moneys in the Transportation Expansion and Congestion Mitigation Fund for financing approved state transportation projects.
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Effective dates: Section 1 (sales tax distribution changes) effective July 1, 2021; Section 2 (bridge program establishment) effective January 1, 2021.
Legislative Description
Amends existing law to revise the sales tax distribution to the Transportation Expansion and Congestion Mitigation Fund and to establish the Bridge Maintenance and Replacement Program Fund.
TRANSPORTATION
Last Action
Returned from Governor vetoed on March 24, 2020
3/20/2020