GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1999

S	3 

SENATE BILL 233
Transportation Committee Substitute Adopted 3/24/99
House Committee Substitute Favorable 5/13/99

Short Title:  TIP Funding Allocations/Loans.	(Public)

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Sponsors:

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Referred to:  

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March 4, 1999

A BILL TO BE ENTITLED
AN ACT TO PROVIDE THAT UNEXPENDED FUNDS DEDICATED TO A CERTAIN DISTRIBUTION REGION PURSUANT TO G.S. 136-17.2A SHALL BE USED FOR PROJECTS IN THAT DISTRIBUTION REGION OR MAY BE USED FOR LOANS TO OTHER DISTRIBUTION REGIONS THAT MUST BE RETURNED WITHIN A SPECIFIED TIME.
The General Assembly of North Carolina enacts:
Section 1.  G.S. 136-17.2A(a) reads as rewritten:
"(a)	Funds expended for the Intrastate System projects listed in G.S. 136-179 and both State and federal-aid funds expended under the Transportation Improvement Program, other than funds expended on an urban loop project listed in G.S. 136-180, shall be distributed throughout the State in accordance with this section.  For purposes of this distribution, the counties of the State are grouped into seven distribution regions, each consisting of two divisions, as follows:
(1)	Distribution Region A consists of Division 1 and Division 4.
(2)	Distribution Region B consists of Division 2 and Division 3.
(3)	Distribution Region C consists of Division 5 and Division 6.
(4)	Distribution Region D consists of Division 7 and Division 9.
(5)	Distribution Region E consists of Division 8 and Division 10.
(6)	Distribution Region F consists of Division 11 and Division 12.
(7)	Distribution Region G consists of Division 13 and Division 14."
Section 2.  G.S. 136-17.2A is amended by adding a new subsection to read:
"( g)	Unexpended and unencumbered funds that have been designated pursuant to the allocation formula provisions of this section for projects to be constructed under the Transportation Improvement Program in a particular Division shall remain available, from year to year, for construction of projects in that Division and shall be used for projects in that Division.
The Secretary may do either of the following:
(1)	The Secretary may advance the construction of other Transportation Improvement Program projects within a Division in order to make the most efficient use of these funds.
(2)	The Secretary may transfer designated funds from one or more donor Divisions to one or more recipient Divisions with the prior approval of the Board of Transportation.  If a transfer or loan of designated funds is made, the same amount of funds shall be designated for use in the donor Divisions as soon as practicable and at least within five years.
(3)	Funds transferred by this statute shall not be considered in the computation of the distribution formula as defined by G.S. 136-17.2A."
Section 3. G.S. 136-14.1 reads as rewritten:
"§ 136-14.1.  Transportation engineering divisions.
For purposes of administering transportation activities, the Board of Transportation shall have authority to designate boundaries of 14 transportation engineering divisions for the proper administration of its duties."
Section 4.  This act becomes effective July 31, 1999.