§ 2614.
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/vt/title-19/chapter-26/2614A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 2614. Legislative approval [Repealed effective July 1, 2026]
If the Secretary determines that a proposal that requires legislative approval under section 2613 of this title is in the public interest and should be pursued, the Secretary shall submit to the General Assembly:
(1)a description of the proposal, including:
(A)a summary of the project scope and timeline;
(B)the rights and obligations of the State and private entity partner or partners, including the level of involvement of all partners in any ongoing operations, maintenance, and ownership of a facility;
(C)the nature and amount of State funding of the project and of any ongoing State financial responsibility for ongoing maintenance or operation costs; and
(D)its effect on any project in the most recent approved Transportation Program;
(2)a statement detailing how the proposal meets the Agency’s criteria developed under this subchapter; and
(3)proposed legislation to confer authority to the Agency to enter into a P3 agreement with respect to the proposal. (Added 2017, No. 158 (Adj. Sess.), § 20, eff. May 21, 2018; repealed on July 1, 2026 by 2017, No. 158 (Adj. Sess.), § 21, as amended by 2023, No. 62, § 41.)