Current through the 2023 Regular Session
Section 15-70-132 - Local road and bridge account - appropriation(1) There is a local road and bridge account in the state special revenue fund established in 17-2-102. All funds received pursuant to section 4, Chapter 698, Laws of 2023, must be deposited in the account.(2) Money deposited in the account is statutorily appropriated as provided in 17-7-502 to the department of transportation and, except as provided in subsection (3), may be used for: (a) funding or providing the state matching source for the reconstruction and repair of: (ii) secondary highway system routes;(iii) urban highway system routes; or(b) providing a state matching source, at the discretion of the department, for discretionary grants for road and bridge repair or reconstruction awarded to local governments.(3) The amount of $20 million deposited in the account must be distributed pursuant to section 2, Chapter 698, Laws of 2023, by September 1, 2023.Added by Laws 2023, Ch. 698,Sec. 1, eff. 7/1/2023.