Fiscal Note

SB0168S01 - Highway Funding Amendments

State Impact:
Enactment of this bill will not require additional appropriations.

Individual, Business and/or Local Impact:
Enactment of this bill will redistribute funds divided for use on Class B & C Roads by adjusting the population of counties or municipalities with populations less than 10,000 to counties or municipalities to less than 14,000. No new funds will be available but distribution of existing funds will change. The bill directs the director of finance to transfer $500,000 annually to the department to be used for State Park Access Highways. This transfer will result in a proportionate reduction to entities that receive B & C Road Fund distributions.