MILD
SB 678
PUBLIC PEACE, HEALTH, SAFETY & WELFARE CREATE ROAD MAINTENANCE & TRANSIT FUND
- Legislative URL:
- SB 678 on nmlegis.gov
- Emergency Clause:
- No
- Germane:
- N/A
- Location:
- SCORC
- Action:
- [10] not prntd-SCORC [30] DNP-CS/w/o rec - ref SCORC/SFC-SCORC API.
- Issue(s):
- Transportation
Related Legislators
- Bill Sponsor:
- Phil Griego
Related Documents
Summary
The Senate Corporations and Transportation Committee Substitute for SB 678 (a dummy bill) creates the Road Maintenance and Public Transit Fund. The fund will be administered by the Department of
Transportation and will be distributed:
- ninety-five percent for maintenance of state transportation infrastructure projects; and
- five percent for the operation of public transit systems operated by county and municipal governments and regional transportation districts.
A potential benefit of this bill is that, depending on funding, it may serve as a vehicle for funding public mass transit projects.