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, rehabilitation projects, and expansion and improvements to existing mainline interstates. The Department of Transportation shall submit a list of bridge and road projects to the SIB for its consideration. 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. /
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.