BILL · 2021–22 SESSION

SB 5481: Transportation funding bonds

Authorizing bonds for transportation funding.

Summary

  • Authorizes the sale of $5.5 billion of general obligation bonds for transportation safety and improvement projects.
  • Makes the bonds backed by motor fuel taxes, fees imposed for highway purposes, and the full faith and credit of the state.

From the Senate Bill Report (SB 5481), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedApr 8, 2021
  2. Out of committeeApr 15, 2021
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Steve Hobbs (D-44)
Introduced
April 8, 2021 in the Senate
Last action
February 17, 2022

AN ACT Relating to authorizing bonds for transportation funding;

Sponsors

Votes

No recorded floor votes.

History

  1. Senate Rules "X" file.
  2. By resolution, reintroduced and retained in present status.
  3. Passed to Rules Committee for second reading.
  4. Minority; do not pass.
  5. TRAN - Majority; do pass.
  6. First reading, referred to Transportation.

SB 5481 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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