HB15-1148

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HB15-1148 - Transfer Gen Fund Surplus To State Highway Fund

Postponed Indefinitely
Concerning The Transfer Of The State General Fund Surplus For The 2014-15 State Fiscal Year To The State Highway Fund.

The unrestricted balance that remains in the general fund at the end of a state fiscal year is called the general fund surplus. The bill requires the state treasurer to transfer the general fund surplus for the 2014-15 state fiscal year to the state highway fund. The department of transportation may expend the money transferred for the implementation of the strategic transportation investment program subject to a requirement that at least 10% of the money be expended for transit purposes or transit-related capital improvements.

Latest update: March 2, 2015
03/02/2015 House Committee on State, Veterans, & Military Affairs Postpone Indefinitely
01/28/2015 Introduced In House - Assigned to State, Veterans, & Military Affairs + Finance + Appropriations