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F I S C A L   I M P A C T   R E P O R T

 

 

SPONSOR:

Silva

 

DATE TYPED:

2/24/03

 

HB

531

 

SHORT TITLE:

Rural Transit Assistance Program

 

SB

 

 

 

ANALYST:

Reynolds-Forte

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY03

FY04

FY03

FY04

 

 

 

$83.0

 

 

Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

 

SOURCES OF INFORMATION

 

Responses Received From

 

State Highway and Transportation Department

 

SUMMARY

 

     Synopsis of Bill

 

HB 531 appropriates $83.0 from the general fund to the State Highway and Transportation Department for FY04 to be used to match existing federal funds for the rural transit assistance program. 

 

FISCAL IMPLICATIONS

 

HB 531 appropriates $83.0 from the general fund to the State Highway and Transportation Department for FY04 to be used to match federal funds for rural transit assistance program.  Any unencumbered or unexpended balances at the end of FY04 will revert to the general fund.

 

TECHNICAL ISSUES

 

The State Highway and Transportation Department currently receives an $83.0 federal grant used to fund a transit association, and this program does not require state matching funds.   The department does need the $83.0 contained in the bill for training.  The language on line 19 of the bill requires that the $83.0 appropriation be used to match existing federal funds; the Highway Department says this requirement could limit their ability to use these funds.   

 

PRF/njw