1999 Session

Budget Amendments - SB800 (Committee Approved)

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Rt 58 general fund

Item 523 #20s

Item 523 #20s

First Year - FY1999 Second Year - FY2000
Transportation, Department of FY1999 $0 FY2000 $4,000,000 GF

Page 403, line 46, strike "$1,269,496,638" and insert "$1,273,496,638".
Page 405, line 14, strike "$42,000,000" and insert "$46,000,000"
Page 405, line 37, strike "the 1998-2000 biennium" and insert "subsequent years"
Page 405, line 40, after, "debt." insert:  "The Secretary of Transportation and the Governor shall propose appropriate transportation funding sources that are able to support the Program's full amount of authorized debt."

(This amendment provides $4.0 million from the general fund in the second year to support the estimated debt service requirements for the additional $104.3 million in debt authorization for the Route 58 Corridor Development Fund, pursuant to enactment of Senate Bill 1189. Language is also included to indicate the intent of the General Assembly to provide the necessary funding in subsequent years to support the debt service requirement for the additional debt authorization.)