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Session Laws, 2002
Volume 800, Page 3349   View pdf image
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PARRIS N. GLENDENING, Governor
Ch. 439
project, current year funding levels,
and the total project cost estimate as
approved by the General Assembly
during the prior session compared with
the proposed current year funding and
total project cost estimate resulting
from the project addition or change in
scope. Notification of changes in scope shall be
made to the General Assembly concurrent
with the submission of the draft and final
CTP. Notification of new construction
project additions, as outlined in
paragraph (1) above, shall be made to the
General Assembly prior to the
expenditure of funds or the submission of
any contract for approval to the Board of
Public Works-
It is the intent of the General Assembly that
any funds transferred to the Maryland
Department of Transportation (MDOT)
from unencumbered reserves of the

Maryland Transportation Authority
(MdTA) shall not be used to
support
ongoing transportation spending and

shall constitute one-time only spending.
The MdTA may transfer unencumbered
reserves solely to support the MDOT
capital program. MDOT must reimburse
the MdTA with interest, for any MdTA
funds appropriated in this budget. The

MdTA may continue the practice of
lending reserved to MDOT, provided that
the funds are reimbursed to the MdTA
with interest. In addition, any MdTA toll

revenues transferred to support the 2001
transit initiative shall be used only to
support transit capital expenses. The
General Assembly does not support the
use of MdTA toll revenues to support the

department's operating budget. Provided that the General Assembly does not
support the use — of Maryland

Transportation Authority (MdTA) toll
revenues to support the Maryla
nd
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Session Laws, 2002
Volume 800, Page 3349   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


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