FINAL BILL REPORT

HB 2271

This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not a part of the legislation nor does it constitute a statement of legislative intent.

C 24 L 20

Synopsis as Enacted

Brief Description: Correcting a reference to an omnibus transportation appropriations act within a prior authorization of general obligation bonds for transportation funding.

Sponsors: Representatives Duerr and Rude; by request of State Treasurer.

House Committee on Transportation

Senate Committee on Transportation

Background:

The Transportation Partnership (TPA) funding package was enacted in 2005 and included legislation authorizing general obligation bonds for construction of transportation projects designated as TPA projects in the transportation budget. During codification by the Code Reviser in 2005 a reference to "the omnibus transportation budget" was changed to reference the session law for the 2005-07 Transportation Budget.

Summary:

The State Finance Committee is authorized to issue $5.3 billion in state general obligation bonds to finance state transportation projects identified as TPA projects in any omnibus transportation budget.

Votes on Final Passage:

House

95

0

Senate

49

0

Effective:

June 11, 2020