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Transportation Infrastructure Funding

It became law on May 31, 2018.

CO SB 18-001 · Senate Bill · 2018A

Stage
Became law
Started in
Senate
Sponsors
Latest action
May 31, 2018

What it does

In 1999, the voters of the state authorized the executive director of the department of transportation (executive director) to issue transportation revenue anticipation notes (TRANs) in a maximum principal amount of $1.7 billion and with a maximum repayment cost of $2.3 billion in order to provide financing to accelerate the construction of qualified federal aid transportation projects. The executive director issued the TRANs as authorized, and the TRANs have been fully repaid. In 2017, the general assembly enacted Senate Bill 17-267 (SB 267), which requires the state to enter into a total of $1.88 billion of lease-purchase agreements and to use the proceeds of the lease-purchase agreements…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    May 31, 2018

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in Colorado. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Transportation Infrastructure Funding | 52