FUNDS/FUNDING: Establishes the Transportation Backlog Fund to be used to fund certain transportation projects (OR -$20,000,000 GF RV See Note)
Read by title, under the rules, referred to the Committee on Appropriations.
Summary
The bill establishes a special fund in the state treasury by moving $20 million from the general fund to finance transportation infrastructure in parishes that receive the maximum severance‑tax revenue. Eligible projects must belong to state‑approved priority programs and be cleared by the Joint Committee on Transportation, Highways, and Public Works. Any interest earned stays in the fund and unused money rolls over each year.
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