Bill > HF4261

This bill appropriates $200 million from the bond proceeds account in the state transportation fund to the commissioner of transportation for grants to local governments for construction and reconstruction of local roads with statewide or regional significance, as well as grants to assist counties with rural road safety capital improvement projects on county state-aid highways. It also appropriates $200 million from the bond proceeds account for the replacement or rehabilitation of local deficient bridges, and authorizes the commissioner of management and budget to sell and issue up to $400 million in state bonds to provide the funding for these local roads and bridges initiatives. The bill is effective the day following final enactment.