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Second Substitute S.B. 12
House Committee Amendments 2-19-2007 je/jlf
This document includes House Committee Amendments incorporated into the bill on Mon, Feb 19, 2007 at 10:00 AM by jeyring. --> Senator Howard A. Stephenson proposes the following substitute bill:
This document includes House Committee Amendments incorporated into the bill on Mon, Feb 19, 2007 at 10:00 AM by jeyring. -->
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8 LONG TITLE
9 General Description:
10 This bill addresses funding for corridor preservation and allows use of the revolving
11 loan fund for administrative costs.
12 Highlighted Provisions:
13 This bill:
14 . requires the Department of Transportation to submit a budget request for corridor
15 preservation monies to the governor and the Legislature's Transportation,
16 Environmental Quality, and National Guard Appropriations Subcommittee H. and
16a Transportation Interim Committee .H ;
17 . directs the Legislature to consider funding the request from one-time monies,
18 general obligation bonds, or a combination of them; and
19 . allows administrative costs for transportation corridor preservation to be paid from
20 the Transportation Corridor Preservation Revolving Loan Fund.
21 Monies Appropriated in this Bill:
22 None
23 Other Special Clauses:
24 None
25 Utah Code Sections Affected:
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27 72-2-117, as last amended by Chapter 284, Laws of Utah 2005
28 ENACTS:
29 72-2-117.2, Utah Code Annotated 1953
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31 Be it enacted by the Legislature of the state of Utah:
32 Section 1. Section 72-2-117 is amended to read:
33 72-2-117. Transportation Corridor Preservation Revolving Loan Fund --
34 Distribution -- Repayment -- Rulemaking.
35 (1) There is created the Transportation Corridor Preservation Revolving Loan Fund
36 within the Transportation Fund.
37 (2) The fund shall be funded from the following sources:
38 (a) motor vehicle rental tax imposed under Section 59-12-1201 ;
39 (b) appropriations made to the fund by the Legislature;
40 (c) contributions from other public and private sources for deposit into the fund;
41 (d) interest earnings on cash balances;
42 (e) all monies collected for repayments and interest on fund monies;
43 (f) all monies collected from rents and sales of real property acquired with fund
44 monies; and
45 (g) proceeds from general obligation bonds, revenue bonds, or other obligations as
46 authorized by Title 63B, Bonds.
47 (3) All monies appropriated to the Transportation Corridor Preservation Revolving
48 Loan Fund are nonlapsing.
49 (4) (a) The commission shall authorize the expenditure of fund monies to allow the
50 department to acquire real property or any interests in real property for state, county, and
51 municipal transportation corridors subject to:
52 (i) monies available in the fund;
53 (ii) rules made under Subsection (7); and
54 (iii) Subsection (9).
55 (b) Fund monies may be used to pay interest on debts incurred in accordance with this
56 section.
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59 (6) The department:
60 (a) may apply to the commission under this section for monies from the Transportation
61 Corridor Preservation Revolving Loan Fund for a specified transportation corridor project,
62 including for county and municipal projects; and
63 (b) shall repay the fund monies authorized for the project to the fund as required under
64 Subsection (7).
65 (7) The commission shall:
66 (a) administer the Transportation Corridor Preservation Revolving Loan Fund to:
67 (i) preserve transportation corridors;
68 (ii) promote long-term statewide transportation planning;
69 (iii) save on acquisition costs; and
70 (iv) promote the best interests of the state in a manner which minimizes impact on
71 prime agricultural land;
72 (b) prioritize fund monies based on considerations, including:
73 (i) areas with rapidly expanding population;
74 (ii) the willingness of local governments to complete studies and impact statements
75 that meet department standards;
76 (iii) the preservation of corridors by the use of local planning and zoning processes;
77 (iv) the availability of other public and private matching funds for a project; and
78 (v) the cost-effectiveness of the preservation projects;
79 (c) designate high priority corridor preservation projects in cooperation with a
80 metropolitan planning organization;
81 (d) administer the program for the purposes provided in this section;
82 (e) prioritize fund monies in accordance with this section; and
83 (f) make rules in accordance with Title 63, Chapter 46a, Utah Administrative
84 Rulemaking Act, establishing:
85 (i) the procedures for the awarding of fund monies;
86 (ii) the procedures for the department to apply for transportation corridor preservation
87 monies for projects; and
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89 (8) (a) The proceeds from any bonds or other obligations secured by revenues of the
90 Transportation Corridor Preservation Revolving Loan Fund shall be used for:
91 (i) the acquisition of real property in hardship cases; and
92 (ii) any of the purposes authorized for funds in the Transportation Corridor
93 Preservation Revolving Loan Fund under this section.
94 (b) The commission shall pledge the necessary part of the revenues of the
95 Transportation Corridor Preservation Revolving Loan Fund to the payment of principal of and
96 interest on the bonds or other obligations.
97 (9) (a) The department may not apply for monies under this section unless the highway
98 authority has an access management policy or ordinance in effect that meets the requirements
99 under Subsection (9)(b).
100 (b) The access management policy or ordinance shall:
101 (i) be for the purpose of balancing the need for reasonable access to land uses with the
102 need to preserve the smooth flow of traffic on the highway system in terms of safety, capacity,
103 and speed; and
104 (ii) include provisions:
105 (A) limiting the number of conflict points at driveway locations;
106 (B) separating conflict areas;
107 (C) reducing the interference of through traffic;
108 (D) spacing at-grade signalized intersections; and
109 (E) providing for adequate on-site circulation and storage.
110 (c) The department shall develop a model access management policy or ordinance that
111 meets the requirements of this Subsection (9) for the benefit of a county or municipality under
112 this section.
113 (10) (a) In accordance with Title 63, Chapter 46a, Utah Administrative Rulemaking
114 Act, the commission shall make rules establishing a corridor preservation advisory council.
115 (b) The corridor preservation advisory council shall:
116 (i) assist with and help coordinate the corridor preservation efforts of the department
117 and local governments;
118 (ii) provide recommendations and priorities concerning corridor preservation and the
House Committee Amendments 2-19-2007 je/jlf
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use of fund monies to the department and to the commission; and119
120 (iii) include members designated by each metropolitan planning organization in the
121 state to represent local governments that are involved with corridor preservation through
122 official maps and planning.
123 Section 2. Section 72-2-117.2 is enacted to read:
124 72-2-117.2. Department to request transportation corridor preservation monies.
125 (1) By November 15 of each year, the Department of Transportation shall submit its
126 estimate of monies it needs for transportation corridor preservation projects to:
127 (a) the governor; and
128 (b) the Legislature's Transportation, Environmental Quality, and National Guard
129 Appropriations Subcommittee H. and Transportation Interim Committee .H .
130 (2) In adopting a budget for each fiscal year, the Legislature shall consider funding the
131 request by:
132 (a) using available one-time monies in years where sufficient one-time monies exist;
133 (b) issuing general obligation bonds in years where one-time monies do not exist; or
134 (c) a combination of Subsections (2)(a) and (b) in years where insufficient one-time
135 monies exist.
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