2005 Connecticut Code - Sec. 13b-57r. Transportation Strategy Board projects account. Moneys to be deposited into the account.

      Sec. 13b-57r. Transportation Strategy Board projects account. Moneys to be deposited into the account. (a) There shall be a Transportation Strategy Board projects account, which shall be a nonlapsing account within the Special Transportation Fund.

      (b) For the fiscal year ending June 30, 2004, five million dollars of the moneys received or collected by the state or any officer thereof on account of, or derived from, the incremental revenues received pursuant to section 14-50a shall be deposited into the account established under subsection (a) of this section and shall be used to provide funding for the projects and purposes of the Transportation Strategy Board.

      (c) On and after July 1, 2004, all moneys received or collected by the state or any officer thereof on account of, or derived from, one-half of the incremental revenues received pursuant to section 14-50a shall be deposited into the account established under subsection (a) of this section and shall be used to provide funding for the projects and purposes of the Transportation Strategy Board.

      (June 30 Sp. Sess. P.A. 03-1, S. 113; P.A. 04-177, S. 9.)

      History: June 30 Sp. Sess. P.A. 03-1 effective August 16, 2003; P.A. 04-177 amended Subsec. (c) to change date on which one-half of incremental revenues begin to be deposited into Transportation Strategy Board projects account from July 1, 2005, to July 1, 2004, effective June 1, 2004.