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Ch. 439 2002 LAWS OF MARYLAND
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Department of Transportation's (MDOT)
operating budget. Additionally, the
General Assembly does not support the use
of MdTA toll revenues to support operating
budgets at the Maryland Transit
Administration (MTA) and the
Washington Metropolitan Area Transit
Authority (WMATA). The MdTA may
transfer unencumbered reserves solely to
support the transit initiative in the MTA
and WMATA capital programs. MDOT
must reimburse the MdTA, with interest,
for any MdTA funds appropriated directly
in support of the department's transit
capital programs. MDOT should provide
the budget committees with a repayment
schedule with the January 2003
Transportation Trust Fund forecast.
Further provided that any funds transferred
to MDOT may be used to support projects
benefitting MdTA owned facilities. Such
projects could, include Port, Airport, or
Highway Administration projects as they
relate to MdTA owned facilities. If funds
transferred from MdTA to MDOT are used
for projects relating to MdTA owned
facilities, funds would not be required to
be reimbursed with interest.
Provided that the General Assembly
does not support the use of Maryland
Transportation Authority (MdTA) toll
revenues to support the Maryland
Department of Transportation's
(MDOT) operating budget. The MdTA
may transfer unencumbered reserves
solely to support the transit initiative
in the MTA and WMATA capital
programs. In fiscal 2003 MDOT must
reimburse the MdTA, without interest,
for any MdTA funds appropriated
directly in support of the department's
transit capital programs. Beginning
in fiscal 2004, it is the intent of the
General Assembly that any funds
transferred by the MdTA to MDOT for
any purpose must be repaid to the
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- 3350 -
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