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NC S172
Bill
AI Summary
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Repeals Section 35.12(b) of S.L. 2016-94, which contained prior limitations on light rail funding.
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Removes the restriction that programmed public transportation funds spanning multiple counties cannot exceed 10% of any distribution region allocation.
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Maintains the cap that total State funding for commuter rail or light rail projects shall not exceed 10% of estimated total project costs used during the prioritization scoring process.
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Clarifies that the State is not responsible for project costs exceeding the 10% of estimated total project costs maximum established for commuter rail and light rail projects.
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Becomes effective upon enactment.
Legislative Description
Remove Limits on Light Rail Funding
Last Action
Ref To Com On Rules and Operations of the Senate
3/2/2017