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NC S110
Bill
AI Summary
- Reduce Highway Fund transfers to the General Fund by $49,145,745.25 annually for fiscal years 2017-2018, 2018-2019, and 2019-2020.
- Eliminate all Highway Fund transfers to the General Fund beginning in fiscal year 2020-2021, except for transfers required by statute.
- Total reduction of approximately $196.6 million over four fiscal years through phased elimination of recurring fund transfers.
- Effective upon becoming law.
Legislative Description
Phase Out Certain HF Transfers
Last Action
Re-ref to Appropriations/Base Budget. If fav, re-ref to Transportation
3/2/2015
Committee Referrals
Appropriations/Base Budget3/2/2015
Rules and Operations of the Senate2/25/2015
Full Bill Text
No bill text available