2013 Regular SessionSB 247
|At the request of:||(at the request of Senate Interim Committee on Business, Transportation and Economic Development)|
|Regular Sponsors:||(Presession Filed)|
|Bill Title:||Relating to funding transportation projects; appropriating money; declaring an emergency.|
|Catchline/Summary:||Creates Alternative Mode Transportation Fund.
Requires that nine percent of net proceeds from Oregon State Lottery be deposited in Multimodal Transportation Fund, and that nine percent of net proceeds be deposited in Alternative Mode Transportation Fund. Continuously appropriates moneys in Alternative Mode Transportation Fund to Department of Transportation. Provides that moneys may only be used for capital improvements and operational costs of mass transit, passenger rail, bicycle and pedestrian projects. Declares emergency, effective on passage.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|