English: RESOLUTION APPROVING A STATE CONSTITUTIONAL AMENDMENT TO PROTECT TRANSPORTATION FUNDS
SUMMARY: This resolution does the following:
1. maintains the Special Transportation Fund (STF) as a perpetual fund and prohibits the legislature from enacting any law authorizing the spending of STF funds for any purpose other than transportation;
2. requires the legislature to use the STF solely for transportation purposes, which includes paying debt service on state obligations incurred for such purposes; and
3. requires sources of funding, money, and receipts that must be legally credited, deposited, or transferred to the STF on or after the amendment's effective date to be credited, deposited, or transferred to the STF as long as state law authorizes the state, or any of its officers, to collect or receive these sources.
The ballot designation to be used when the amendment is presented at the general election is:
Shall the Constitution of the State be amended to ensure (1) that all moneys contained in the Special Transportation Fund be used solely for transportation purposes, including the payment of debts of the state incurred for transportation purposes, and (2) that sources of funds deposited in the Special Transportation Fund be deposited in said fund so long as such sources are authorized by statute to be collected or received by the state?
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