Bill > SF4438

This bill appropriates $300 million from the bond proceeds account in the trunk highway fund to the Commissioner of Transportation for the Corridors of Commerce program. The Commissioner may use up to 17% of the amount for program delivery. The bill also authorizes the Commissioner of Management and Budget to sell and issue state bonds in an amount up to $300 million to provide the appropriated funds, with the proceeds being deposited into the bond proceeds account in the trunk highway fund.