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S 5355 to SF 2420 - State Funding of Road Projects - Iowa Key Vote

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Title: State Funding of Road Projects

Vote Smart's Synopsis:

Vote to adopt an amendment to SF 2420 that sets aside up to one percent of the state's general revenue fund for road construction projects.

Highlights:

- Increases funding for the Twenty-First Century Fund (Time-21 Fund) for transportation investment as follows (sec. 3):

    - 0.25 percent for the fiscal year beginning July 1, 2009 - 0.50 percent for the fiscal year beginning July 1, 2010 - 0.75 percent for the fiscal year beginning July 1, 2011 - 1 percent for the fiscal years beginning July 1, 2012 to July 1, 2027

Full Bill Text

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