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NC S1129
Bill
AI Summary
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Reduces the annual transfer from the Highway Use Tax Fund to the General Fund from $71,000,000 to $31,000,000.
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Increases the annual appropriation to the North Carolina Turnpike Authority from the Highway Trust Fund from $99,000,000 to $139,000,000.
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Allocates $40,000,000 of the increased Turnpike Authority funds for debt service and related financing expenses on revenue bonds for the Cape Fear Skyway Bridge construction.
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Maintains existing allocations for Triangle Expressway ($25,000,000), Monroe Connector/Bypass ($24,000,000), Mid-Currituck Bridge ($15,000,000), and Garden Parkway ($35,000,000).
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Becomes effective July 1, 2010.
Legislative Description
Gap Funding for Cape Fear Skyway Bridge
Last Action
Ref To Com On Appropriations/Base Budget
5/13/2010
Committee Referrals
Appropriations/Base Budget5/13/2010
Full Bill Text
No bill text available