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SB 350: "An Act relating to funding for transportation enhancement projects."

00 SENATE BILL NO. 350 01 "An Act relating to funding for transportation enhancement projects." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 19.15 is amended by adding a new section to read: 04 Sec. 19.15.025. Federal-aid highway projects. (a) The department may not 05 expend more than 10 percent of federal-aid highway funds available for expenditure in 06 a fiscal year for transportation enhancement projects. 07 (b) Not more than 10 percent of the funds provided by a municipality for 08 participation in federal-aid highway projects may be expended for transportation 09 enhancements or transportation enhancement projects.