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Issue Briefs

Statutory Transfer to Fund Transportation and Capital Construction (2014)

Capital Construction
State Revenue & Budget
Transportation & Motor Vehicles

Senate Bill (SB) 09-228, adopted by the General Assembly during the 2009 legislative session, creates a five-year block of statutory transfers from the General Fund to finance transportation and capital construction projects. This issue brief discusses the state law that specifies the amounts of these transfers, the trigger that determines when they occur, and the conditions under which they may be reduced or eliminated.

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details