An Act To Direct Funds from the Highway Fund to the Highway and Bridge Light Capital Program

Emergency preamble. Whereas,  acts and resolves of the Legislature do not become effective until 90 days after adjournment unless enacted as emergencies; and

Whereas,  the 90-day period may not terminate until after the beginning of the next fiscal year; and

Whereas,  certain obligations and expenses incident to the operation of state departments and institutions will become due and payable immediately; and

Whereas,  in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,

Sec. 1. 23 MRSA §1653,  as amended by PL 1995, c. 65, Pt. A, §62 and affected by §153 and Pt. C, §15, is further amended by adding before the last paragraph a new paragraph to read:

For each biennium, 7.5% of gross Highway Fund revenues, as determined based upon the most recent revenue forecast developed by the Revenue Forecasting Committee, established in Title 5, section 1710-E, must be allocated to the Department of Transportation Highway and Bridge Light Capital program for maintenance surface treatment.

Emergency clause. In view of the emergency cited in the preamble, this legislation takes effect when approved.

SUMMARY

This bill directs that 7.5% of gross Highway Fund revenues, for each biennium, must be allocated to the Department of Transportation Highway and Bridge Light Capital program for maintenance surface treatment.