Sponsored by:
Assemblyman VINCENT PRIETO
District 32 (Bergen and Hudson)
Assemblywoman VALERIE VAINIERI HUTTLE
District 37 (Bergen)
Co-Sponsored by:
Assemblywoman Muoio
SYNOPSIS
Makes appropriation of $400,000,000 to Department of Transportation from revenues and other funds of The Transportation Trust Fund Authority for bridge and road repairs.
CURRENT VERSION OF TEXT
As introduced.
An Act To Amend "An Act making appropriations for the support of the State Government and the several public purposes for the fiscal year ending June 30, 2017 and regulating the disbursement thereof,” approved June 30, 2016 (P.L.2016, c.10).
Be It Enacted by the Senate and the General Assembly of the State of New Jersey:
1. The following language provision is added to section 1 of P.L.2016, c.10, the annual appropriations act for fiscal year 2017:
|
78 DEPARTMENT OF TRANSPORTATION 60 Transportation Programs 61 State and Local Highway Facilities CAPITAL CONSTRUCTION |
Notwithstanding the provisions of P.L.1984, c.73 (C.27:1B-1 et al.), there is appropriated the sum of $400,000,000 from the revenues and other funds of the New Jersey Transportation Trust Fund Authority for capital purposes as follows:
|
Description |
County |
Amount |
|
Immediate Bridge and Road Repairs |
Various |
($400,000,000) |
2. This act shall take effect immediately.
STATEMENT
This bill appropriates $400 million to the Department of Transportation from the revenues and other funds of The Transportation Trust Fund Authority for the purposes of repairing roads and bridges in all 21 counties in the State. It is intended that this appropriation will be expended in the first 100 days following enactment.
P.L.2016, c.56 indicates that there shall be $16 billion in appropriations from the funds of The Transportation Trust Fund Authority for FY 2017 through FY 2024. That proposed multi-year spending goal equates to an average annual appropriation of $2 billion per year. The current FY 2017 appropriation from the funds of the Transportation Trust Fund Authority is $1.6 billion. This bill increases the total FY 2017 appropriation to $2 billion.