2012 Maine Revised Statutes
TITLE 23: HIGHWAYS
Chapter 410: DEPARTMENT OF TRANSPORTATION
23 §4210-E. Transportation Efficiency Fund (WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/13)

Part 5: DEPARTMENT OF TRANSPORTATION HEADING: PL 1987, C. 141, PT. A, §2 (RPR)

Subchapter 1: GENERAL PROVISIONS

§4210-E. Transportation Efficiency Fund

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/13)

1. Establishment; sources of funds. The Transportation Efficiency Fund, referred to in this section as "the fund," is established as a nonlapsing fund administered by the Department of Transportation. The fund consists of revenues transferred from the energy infrastructure benefits fund pursuant to Title 5, section 282, subsection 9. Any interest on money in the fund must be credited to the fund. Money in the fund not spent in any fiscal year remains in the fund to be used for the purposes of this section.

[ 2009, c. 655, Pt. B, §2 (NEW) .]

2. Uses. The fund must be used by the department to increase the energy efficiency of or reduce reliance on fossil fuels within the transportation system within the State. Uses of the fund may include, but are not limited to, rail, public transit, car and van pooling, zero-emission vehicles, biofuel and other alternative fuel vehicles, congestion mitigation and air quality initiatives that increase the energy efficiency of or reduce reliance on fossil fuels within the transportation system. The department must consider the transfer of funds to the Maine Turnpike Authority for uses consistent with this subsection. Any transfer to the Maine Turnpike Authority under this subsection in any calendar year may not exceed 10% of debt service payable by the Maine Turnpike Authority on its bonds in that calendar year.

[ 2009, c. 655, Pt. B, §2 (NEW) .]

SECTION HISTORY

2009, c. 655, Pt. B, §2 (NEW). 2011, c. 652, §11 (RP). 2011, c. 652, §14 (AFF).