Amend Amendment #123, bearing document number N:\S-FINANCE\AMEND\DAD DOT ROAD FUNDS.DOCX, by striking the amendment in its entirety and inserting:
/ Amend the bill, as and if amended, Part IA, Section 84, DEPARTMENT OF TRANSPORTATION, page 258, line 9, opposite Permanent Improvements, by:
Column 7 Column 8
/ STRIKING: 771,675,248
and
INSERTING: 821,675,248 50,000,000/
Amend the bill further, as and if amended, Part IB, Section 117, GENERAL PROVISIONS, page 530, after line 18, by adding an appropriately numbered new proviso to read:
/ (DOT: Transfer to SIB) Upon receipt of General Funds appropriated to the Department of Transportation for Highway Engineering Permanent Improvements, the department is directed to transfer an equivalent amount from non-tax sources to the State Transportation Infrastructure Bank to be used solely to finance bridge replacement and rehabilitation projects and expansion and improvements to existing mainline interstates. These funds may not be used for projects approved by the SIB Board prior to July 1, 2013. The General Funds appropriated to the Department of Transportation for Highway Engineering Permanent Improvements are exempt from any across-the-board reductions. In addition to the board members appointed to the State Transportation Infrastructure Bank pursuant to Section 11-43-140 of the 1976 Code, the following members are also appointed to serve on the board: one member from the public at large appointed by the Majority Leader of the Senate; one member of the public at large appointed by the Minority Leader of the Senate; one member of the public at large appointed by the Majority Leader of the House of Representatives; and one member of the public at large appointed by the Minority Leader of the House of Representatives. Directors appointed by the respective Majority and Minority Leaders shall serve at the pleasure of their appointing authority. /
Amend the bill further, as and if amended, Part IB, Section 118, STATEWIDE REVENUE, page 539, paragraph 118.17, line 35, opposite item (1) Part IA - General Fund, by striking /$34,625,547/ and inserting /$43,225,547/
Amend the bill further, as and if amended, Part IB, Section 118, STATEWIDE REVENUE, page 544, line 29, item (48)(f) opposite Bridge Replacement and Rehabilitation, by striking: /$10,000,000;/ and inserting : /$1,400,000./
/
Renumber sections to conform.
Amend sections, totals and title to conform.