Bill Summaries: H652 (2017-2018 Session)

Tracking:
  • Summary date: Apr 6 2017 - View summary

    Current law, GS 136-18, sets forth the powers of the Department of Transportation (Department). Subdivision (39) authorizes the Department to enter into partnership agreements with private entities to finance, by tolls, contracts, and other financing methods, the cost of designing, developing, acquiring, constructing, maintaining, and operating transportation infrastructure in the State, subject to requirements and limitations as specified. Amends GS 136-18(39a)a. to authorize the Department or Turnpike Authority to enter into a partnership agreement with a private entity (was, can enter into up to three agreements with a private entity), as provided in subdivision (39) for which the provisions of the statute apply, so long as the Department or the Turnpike Authority does not enter into any agreement described in subsection (39)a. on or after January 1, 2017 (new provision to stop new partnership agreements). Amends GS 136-18(39a)f. to make conforming changes.

    Current law, GS 136-89.183(a)(2), authorizes the Turnpike Authority to study, plan, develop, and undertake preliminary design work on Turnpike Projects, subject to the requirements and limitations specified. Amends GS 136-89.183(a), to add a new subdivision (2a) to prohibit the Authority from entering into any agreement described in GS 136-18(39a)a. that is applicable to any project described in subdivision (2) of subsection (a) of the statute on or after January 1, 2017.