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NC S110

Bill

Status

Introduced

2/24/2015

Primary Sponsor

William Rabon

Click for details

Origin

Senate

2015-2016 Session

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