Bill Summary for H 988 (2015-2016)

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Bill: REPEAL LIGHT RAIL FUNDING CAP.

Summary date: 

Apr 27 2016

Bill Information:

View NCGA Bill Details(link is external)2015-2016 Session
House Bill 988 (Public) Filed Wednesday, April 27, 2016
AN ACT TO REPEAL THE LIMITATION ON FUNDING FROM THE HIGHWAY TRUST FUND FOR LIGHT RAIL TRANSIT SYSTEM PROJECTS, AS RECOMMENDED BY THE HOUSE SELECT COMMITTEE ON STRATEGIC TRANSPORTATION PLANNING AND LONG TERM FUNDING SOLUTIONS.
Intro. by Torbett, Shepard, Tine.

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Bill summary

Repeals GS 136-189.11(e1), which provided that on a per project basis, only $500,000 in funds subject to the Transportation Investment Strategy Formula could be allotted to light rail transit system projects.