Bill Summary for H 4 (2016 Extra 4)

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Bill: TERMINATE AGREEMENT FOR TOLLING OF I-77.

Summary date: 

Dec 14 2016

Bill Information:

View NCGA Bill Details2016 Extra Session 4
House Bill 4 (Public) Filed Wednesday, December 14, 2016
AN ACT DIRECTING THE DEPARTMENT OF TRANSPORTATION TO TERMINATE THE COMPREHENSIVE AGREEMENT FOR THE I-77 HOT LANES PROJECT IN MECKLENBURG AND IREDELL COUNTIES.
Intro. by Cotham, Bradford, J. Moore.

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Bill summary

Requires the Department of Transportation to terminate the Comprehensive Agreement, dated June 26, 2014, for the I-77 HOT Lanes project in Mecklenburg and Iredell counties.  The State remains liable for any damages or penalties owed as a result of early termination of the agreement; any damages or penalties owed shall be paid by the Department of Transportation from within the department's available unobligated funds.

The act becomes effective July 1, 2017.