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2020 Session

Budget Amendments - SB30 (Floor Approved)

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Financial Assistance for City/Town Road Maintenance

Item 451 #1s

Item 451 #1s

First Year - FY2021 Second Year - FY2022
Transportation
Department of Transportation FY2021 $1,000,000 FY2022 $1,000,000 NGF

Language
Page 437, line 17, strike "$1,029,300,669" and insert "$1,030,300,669".
Page 437, line 17, strike "$1,036,179,898" and insert "$1,037,179,898".

Page 437, line 19, strike “$395,959,093” and “$411,291,188” and insert:

“$396,959,093” and “$412,291,188”.

Page 437, line 28, strike “$482,300,669” and “$499,479,898” and insert:

“$483,300,669”and “$500,479,898”.

Page 438, following line 4, insert:

"E. The Department of Transportation shall adjust annually for inflation the payments made as part of Financial Assistance to Localities distributions. The rate shall be adjusted annually based on the greater of (i) the change in the United States Average Consumer Price Index for all items, all urban consumers (CPI-U), as published by the Bureau of Labor Statistics for the U.S. Department of Labor for the previous year or (ii) zero, and report such inflation adjustment to the Commonwealth Transportation Board."



Explanation

(This amendment provides $1.0 million NGF in each year to increase funding for street maintenance payments to localities, held constant in FY 2020. Payments to localities for road maintenance would be adjusted for inflation.)