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2007 Session

Budget Amendments - SB750 (Committee Approved)

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I-73 - Matching Federal Funds (language only)

Item 443 #3s

Item 443 #3s

Transportation
Transportation, Department of

Language
Page 468, after line 55, insert:
"I.  Out of the amounts provided for Highway System Acquisition and Construction in the second year such amounts as may be required to match all federally-designated funding available for Interstate Route 73 shall be provided from Commonwealth Transportation Funds."


Explanation
(This amendment directs the Commonwealth Transportation Board to utilize funds to match Federal funding available for the proposed Interstate 73 in Henry County. The federal highway authorization bill -- SAFETEA-LU -- includes a specific appropriation of $7.6 million for this project, and requires a 20.0 percent nonfederal match.)