Public Utilities and Carriers

CHAPTER 39-18.1
Transportation Investment and Debt Reduction Act of 2011

SECTION 39-18.1-5

§ 39-18.1-5 Allocation of funds.

(a) The monies in the highway maintenance fund to be directed to the department of transportation pursuant to subdivision (a)(1) of this section shall be allocated through the transportation improvement program process to provide the state match for federal transportation funds, in place of borrowing, as approved by the state planning council. The expenditure of moneys in the highway maintenance fund shall only be authorized for projects that appear in the state's transportation improvement program.

(b) Provided however, that beginning with fiscal year 2015 and annually thereafter, the department of transportation will allocate necessary funding to programs that are designed to eliminate structural deficiencies of the state's bridge, road and maintenance systems and infrastructure.

(c) Provided further that beginning July 1, 2015, five percent (5%) of available proceeds in the Rhode Island highway maintenance account shall be allocated annually to the Rhode Island public transit authority for operating expenditures.

History of Section.
(P.L. 2011, ch. 151, art. 22, § 1; P.L. 2014, ch. 145, art. 21, § 7.)