Bill Summary for H 422 (2011-2012)
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Summary date:
Mar 21 2011
Bill Information:
View NCGA Bill Details | 2011-2012 Session |
TO PROHIBIT THE DEPARTMENT OF TRANSPORTATION FROM ACCEPTING FEDERAL FUNDS FOR A HIGH-SPEED RAIL PROJECT WITHOUT EXPLICIT AUTHORIZATION FROM THE GENERAL ASSEMBLY, AND TO PROVIDE A PENALTY FOR THE DEPARTMENT OF TRANSPORTATION FOR NONCOMPLIANCE.Intro. by Killian, Frye.
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Bill summary
Prohibits the Department of Transportation (DOT) from applying for, accepting, or expending any grant funding from the federal government for a high-speed rail project unless the project has been approved by the General Assembly. Provides that if DOT accepts prohibited funds, the funds are to be deposited into the General Fund for appropriation by the General Assembly. Also requires DOT to pay any penalties, interest, or other charges that result from the prohibited acceptance from the Highway Fund. Effective March 1, 2011.