GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1993

S	1 

SENATE BILL 165

Short Title:  GPAC/Transportation Financing Study.	(Public)
─────────────────────────────────────── 
Sponsors: Senator Martin of Guilford.
─────────────────────────────────────── 
Referred to:  Government Performance Audit.
─────────────────────────────────────── 

February 16, 1993

A BILL TO BE ENTITLED
AN ACT TO IMPLEMENT A RECOMMENDATION OF THE GOVERNMENT PERFORMANCE AUDIT COMMITTEE TO HAVE THE HIGHWAY OVERSIGHT COMMITTEE CONDUCT A COMPREHENSIVE TRANSPORTATION FINANCING STUDY.
The General Assembly of North Carolina enacts:
Section 1.  The General Assembly finds that there is a highway maintenance backlog and that added funding may be necessary to meet future highway maintenance needs and other obligations associated with the Highway Trust Fund program.  General Fund transfers, interagency transfers, and program allocations of highway fund revenues  increasingly dilute the revenues available for needed roadway capital improvement, maintenance, and operations.  With the passage of landmark federal surface transportation funding legislation by Congress in 1991 (The Intermodal Surface Transportation Efficiency Act of 1991 - ISTEA), the level and allocation of federal transportation funding has significantly changed.  The changes in national and State administrations are likely to generate further changes to the funding and program priorities for transportation at the federal and State level.
Sec. 2.  The Joint Legislative Highway Oversight Committee shall study comprehensive transportation funding, including:
(1)	All modes of transportation receiving State funding;
(2)	Short-term and long-term program needs and life-cycle costs;
(3)	Currently available and alternative funding sources; and
(4)	Possible legislation needed to ensure that designated revenue sources are properly used to support program priorities in a comprehensive and equitable fashion.
Sec. 3.  The Joint Legislative Highway Oversight Committee shall report the results of the study mandated by Section 2 of this act to the General Assembly prior to the first day of the 1994 Session of the General Assembly.
Sec. 4.  This act becomes effective July 1, 1993.