Bill > H3361

This bill seeks to modernize and enhance the distribution of Chapter 90 funds, which are transportation funds provided by the state to municipalities. The key provisions include: 1) Allocating the funds based on the cost of resurfacing 2% of municipally-owned, non-state-numbered roads and 3.3% of municipally-owned and maintained state-numbered routes within each municipality. 2) Determining the municipal match factor for the Municipal Match Program, which requires municipalities to contribute a portion of the funds, based on a combination of aggregate property values and aggregate personal income, with a maximum match of 200% and a minimum of 12.5% of the municipality's allocation.