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Download Zipped Introduced WP 6.1 SB0175.zip
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Provisions of this bill establishes an infrastructure bank at the Department of Transportation. The bill also allows the Department to issue revenue bonds not to exceed $200,000,000 that could be included in the infrastructure bank. By granting this bonding authority, it may require General Funds for payment if other repayment sources do not materialize. It is estimated to require $120,000 from the Transportation Fund in FY 1998 to fund three FTEs to handle all funding provisions of the bill.
| FY 98 Approp. | FY 99 Approp. | FY 98 Revenue | FY 99 Revenue | |
| Transportation Fund | $120,000 | $120,000 | $0 | $0 |
| TOTAL | $120,000 | $120,000 | $0 | $0 |
Office of the Legislative Fiscal Analyst
1/1/97 3:27:25 p.m.
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