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| SPONSOR: | Stell | DATE TYPED: | 2/26/99 | HB | 809 | ||
| SHORT TITLE: | Improve US Highway 62-180 | SB | |||||
| ANALYST: | Esquibel | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY99 | FY2000 | FY99 | FY2000 | ||
| $ 8,000.0 | Non-Recurring | Road Fund | |||
(Parenthesis ( ) Indicate Expenditure Decreases)
| Subsequent
Years Impact |
Recurring
or Non-Rec |
Fund
Affected | ||
| FY99 | FY2000 | |||
| $ (8,000.0) | Non-Recurring | General Fund | ||
| $ 8,000.0 | Non-Recurring | Road Fund | ||
(Parenthesis ( ) Indicate Revenue Decreases)
Relates to HB2, HB4, HB307, HB374, HB503, HB567, HB857, SB2, SB4, SB105, SB260, SB362, SB541
SOURCES OF INFORMATION
State Highway and Transportation Department (SHTD)
SUMMARY
Synopsis of Bill
HB809 proposes to divert $8 million of the motor vehicle excise tax from the general fund to the road fund for planning, designing, engineering, constructing and improving US62-180 from Carlsbad to Whites City.
FISCAL IMPLICATIONS
This bill proposes an $8 million reduction in the general fund with a commensurate increase in the road fund.
A portion of this project is already funded using federal highway funds.
RAE/njw