15-70-132. Local road and bridge account -- appropriation.
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15-70-132 . Local road and bridge account -- appropriation.
(1)There is a local road and bridge account in the state special revenue fund established in 17-2-102 . All funds received pursuant to section 4, Chapter 698, Laws of 2023, must be deposited in the account.
(2)Money deposited in the account is statutorily appropriated as provided in 17-7-502 to the department of transportation and, except as provided in subsection (3), may be used for:
(a)funding or providing the state matching source for the reconstruction and repair of:
(i)off-system bridges;
(ii)secondary highway system routes;
(iii)urban highway system routes; or
(b)providing a state matching source, at the discretion of the department, for discretionary grants for road and bridge repair or reconstruction awarded to local governments.
(3)The amount of $20 million deposited in the account must be distributed pursuant to section 2, Chapter 698, Laws of 2023, by September 1, 2023.