Senate Bill 1263 would allow the Idaho Transportation Department to utilize $100 million in GARVEE bonding to fund highway transportation projects. This would necessarily require repayment of the $100 million from future revenue as it becomes available. Though SB 1263 states that it should not bind future legislatures or governors, the bill does so by not codifying the legislation, thus making it difficult for future legislatures to take action on it.
Senate Bill 1263 would allow the Idaho Transportation Department to utilize $100 million in GARVEE bonding to fund highway transportation projects. This would necessarily require repayment of the $100 million from future revenue as it becomes available. Though SB 1263 states that it should not bind future legislatures or governors, the bill does so by not codifying the legislation, thus making it difficult for future legislatures to take action on it.
Senate Bill 1263 would allow the Idaho Transportation Department to utilize $100 million in GARVEE bonding to fund highway transportation projects. This would necessarily require repayment of the $100 million from future revenue as it becomes available. Though SB 1263 states that it should not bind future legislatures or governors, the bill does so by not codifying the legislation, thus making it difficult for future legislatures to take action on it.
Analyst: Wayne Hoffman Date of analysis: February 14, 2016 ANALYST'S NOTE: Senate Bill 1263 would allow the Idaho Transportation Department to utilize $100 million in GARVEE bonding to fund highway transportation projects. It's important to note that the bill does not codify the bonding parameters, but rather would be contained in the 2016 Session Laws, exclusively, if passed. Point No. 7 Does it increase government spending (for objectionable purposes) or debt? Conversely, does it decrease government spending or debt? Senate Bill 1263 would necessarily require repayment of the $100 million from future revenue as it becomes available. (-1) Point No. 8 Does it in any way restrict public access to information related to government activity or otherwise compromise government transparency or accountability? Conversely, does it increase public access to information related to government activity or increase government transparency or accountability? ANALYSIS: Though SB 1263 states that it should not bind future legislatures or governors, the bill does so by not codifying the legislation, thus making it difficult for future legislatures to take action on it. (-1)