08 LC
34 1606S
The
Senate Transportation Committee offered the following substitute to SB
410:
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 32-10-63 of the Official Code of Georgia Annotated, relating
to powers of the State Road and Tollway Authority, so as to authorize the
creation of a state congestion relief fund to be used for projects initiated by
community improvement districts; to provide for related matters; to provide an
effective date; to repeal conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Code
Section 32-10-63 of the Official Code of Georgia Annotated, relating to powers
of the State Road and Tollway Authority, is amended by removing "and" from the
end of paragraph (14), renumbering paragraph (15) as paragraph (16), and
inserting a new paragraph (15) as follows:
"(15)
To promulgate rules and regulations, subject to available funding, for the
creation of a state congestion relief fund to be used for projects initiated by
community improvement districts throughout the state. In order to qualify for
funds under this paragraph, a community improvement district shall demonstrate
that it is able to provide funds to match the amount requested from the state
congestion relief fund. The application for requesting a grant of state
congestion relief funds shall be promulgated by the authority and shall require,
among other items, a detailed analysis of how the project will alleviate traffic
congestion and a specific method by which the community improvement district
intends to raise the necessary matching funds; and"
SECTION
2.
This
Act shall become effective on July 1, 2008.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.