SB 20 — Session Law

… LL NO. 20 AN ACT CONCURRING IN A PROPOSED AMENDMENT TO ARTICLE VIII OF THE DELAWARE CONSTITUTION RELATING TO THE TRANSPORTATION TRUST FUND. WHEREAS, an amendment to the Delaware Constitution was proposed in the 148th General Assembly, being …

… f Delaware, as follows: “AN ACT PROPOSING AN AMENDMENT TO ARTICLE VIII OF THE DELAWARE CONSTITUTION RELATING TO THE TRANSPORTATION TRUST FUND. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (Two -thirds of all members elected to …

… wn by strike through and insertions as shown by underline as follows: Article VIII. Revenue and Taxation. § 12. The Transportation Trust Fund; use and restrictions. (a) The State irrevocably pledges and assigns and continuously appropriates the pro …

… carrier road use tax and registration fee, and the operation of the Delaware Turnpike to a special fund known as the Transportation Trust Fund. (b) The moneys in the Transportation Trust Fund may be appropriated and used for the following purpose …

… operation of the Delaware Turnpike to a special fund known as the Transportation Trust Fund. (b) The moneys in the Transportation Trust Fund may be appropriated and used for the following purposes: (1) Capital expenditures on the public transpor …

… ortation Trust Fund may be appropriated and used for the following purposes: (1) Capital expenditures on the public transportation system, including the road system, grants and allocations for investments in transportation, the transit system, and …

… xpenditures on the public transportation system, including the road system, grants and allocations for investments in transportation, the transit system, and the support systems for public transportation. (2) Payment of the interest and principal o …

… tem, grants and allocations for investments in transportation, the transit system, and the support systems for public transportation. (2) Payment of the interest and principal on all indebtedness incurred before or after the effective date of this …