‘Sec. X-1. TransCap Trust Fund revenues. Notwithstanding the Maine Revised Statutes, Title 30-A, section 6006-G, subsection 4 or any other provision of law, funding received by the Department of Transportation during the 2010-2011 biennium through the 7.5% of fuel taxes that would otherwise be transferred to the Maine Municipal Bond Bank TransCap Trust Fund pursuant to Title 30-A, section 6006-G, subsection 2 must be transferred to the Highway and Bridge Light Capital program, Other Special Revenue Funds account to fund maintenance paving or maintenance surface treatment projects and to the Urban-Rural Initiative Program, Other Special Revenue Funds account to restore the $5,000,000 deallocation in Part A.’
Amend the amendment in Part O by striking out all of section 2.
Amend the amendment in Part X by striking out all of sections 1 and 2 and inserting the following:
Amend the amendment by adding after Part X the following:
PART Y
‘Sec. Y-1. Appropriations and allocations. The following appropriations and allocations are made.
MUNICIPAL BOND BANK, MAINE
Transcap Trust Fund Z064
Initiative: Deallocates funding from 7.5% of fuel taxes that is transferred to the Highway and Bridge Light Capital program and Urban-Rural Initiative Program within the Department of Transportation instead of the TransCap Trust Fund.
| OTHER SPECIAL REVENUE FUNDS | 2009-10 | 2010-11 |
|
All Other
|
($9,800,000) | ($10,200,000) |
 |
|
|
| OTHER SPECIAL REVENUE FUNDS TOTAL | ($9,800,000) | ($10,200,000) |
| MUNICIPAL BOND BANK, MAINE | ||
| DEPARTMENT TOTALS | 2009-10 | 2010-11 |
|
OTHER SPECIAL REVENUE FUNDS
|
($9,800,000) | ($10,200,000) |
|
|
|
| DEPARTMENT TOTAL - ALL FUNDS | ($9,800,000) | ($10,200,000) |
TRANSPORTATION, DEPARTMENT OF
Highway and Bridge Capital 0406
Initiative: Offsets additional funding to the Highway and Bridge Capital program allocated in Part A.
| OTHER SPECIAL REVENUE FUNDS | 2009-10 | 2010-11 |
|
Capital Expenditures
|
($7,000,000) | ($7,000,000) |
|
|
|
| OTHER SPECIAL REVENUE FUNDS TOTAL | ($7,000,000) | ($7,000,000) |
Highway and Bridge Light Capital Z095
Initiative: Allocates funding on a one-time basis from 7.5% of fuel taxes that is transferred to the Highway and Bridge Light Capital program within the Department of Transportation instead of the TransCap Trust Fund within the Maine Municipal Bond Bank.
| OTHER SPECIAL REVENUE FUNDS | 2009-10 | 2010-11 |
|
Capital Expenditures
|
$16,800,000 | $12,200,000 |
|
|
|
| OTHER SPECIAL REVENUE FUNDS TOTAL | $16,800,000 | $12,200,000 |
Urban-Rural Initiative Program 0337
Initiative: Restores funding on a one-time basis to the Urban-Rural Initiative Program deallocated in Part A by allocating funding from 7.5% of fuel taxes that is transferred to the Urban-Rural Initiative Program within the Department of Transportation instead of the TransCap Trust Fund within the Maine Municipal Bond Bank.
| OTHER SPECIAL REVENUE FUNDS | 2009-10 | 2010-11 |
|
All Other
|
$0 | $5,000,000 |
|
|
|
| OTHER SPECIAL REVENUE FUNDS TOTAL | $0 | $5,000,000 |
| TRANSPORTATION, DEPARTMENT OF | ||
| DEPARTMENT TOTALS | 2009-10 | 2010-11 |
|
OTHER SPECIAL REVENUE FUNDS
|
$9,800,000 | $10,200,000 |
|
|
|
| DEPARTMENT TOTAL - ALL FUNDS | $9,800,000 | $10,200,000 |
| SECTION TOTALS | 2009-10 | 2010-11 |
|
OTHER SPECIAL REVENUE FUNDS
|
$0 | $0 |
|
|
|
| SECTION TOTAL - ALL FUNDS | $0 | $0 |
Amend the amendment by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively.
summary
This amendment requires that funding received by the Department of Transportation during the 2010-2011 biennium through the 7.5% of fuel taxes that would otherwise be transferred to the Maine Municipal Bond Bank TransCap Trust Fund must be transferred to the Highway and Bridge Light Capital program, Other Special Revenue Funds account to fund maintenance paving or maintenance surface treatment projects and to the Urban-Rural Initiative Program, Other Special Revenue Funds account to restore a $5,000,000 deallocation. It also adds an appropriations and allocations section.
FISCAL NOTE REQUIRED
(See attached)