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Legislative Year: 2018 Change

Bill Detail: SB18-001

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Title Transportation Infrastructure Funding
Status Governor Signed (05/31/2018)
Bill Subjects
  • Transportation & Motor Vehicles
House Sponsors T. Carver (R)
P. Buck (R)
F. Winter (D)
Senate Sponsors J. Cooke (R)
R. Baumgardner (R)
House Committee Transportation & Energy
Senate Committee Transportation
Date Introduced 01/10/2018

In 1999, the voters of the state authorized the executive director of
the department of transportation (executive director) to issue
transportation revenue anticipation notes (TRANs) in a maximum
principal amount of $1.7 billion and with a maximum repayment cost of
$2.3 billion in order to provide financing to accelerate the construction of
qualified federal aid transportation projects. The executive director issued
the ...

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