§2 06E- 247 Transit-oriented development infrastructure improvement program special fund.

137 words·~1 min read·/hi/2-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)There shall be established in the state treasury the transit-oriented development infrastructure improvement program special fund, into which shall be deposited:

(1)All revenues, income, and receipts from the transit-oriented development infrastructure improvement program;

(2)Moneys directed, allocated, or disbursed to the program from government agencies or private individuals or organizations, including grants, gifts, awards, and donations for costs to administer and operate the program;

(3)User fees collected under section 206E-246; and

(4)Moneys appropriated to the fund by the legislature.

(b)Moneys in the fund shall be used only for the purposes of this part.

(c)Investment earnings credited to the assets of the fund shall become part of the fund. [L 2022, c 184, pt of §1; am L 2025, c 252, §5]