SECTION 339.0815. Transportation Revenue Bond Trust Fund.

Latest version.

1(1) 2The Transportation Revenue Bond Trust Fund is created within the Department of Transportation. The purpose of the trust fund is for the deposit of funds received by the department from the proceeds or issuance of revenue bonds secured by state and federal revenues and credited to the trust fund.
51(2) 52Net proceeds from revenue bonds issued for eligible transportation projects shall be credited to the trust fund to provide for the payment of eligible project costs.
78(3) 79Notwithstanding the provisions of s. 84216.301 85and pursuant to the requirements of s. 92216.351, 93any balance in the trust fund at the end of any fiscal year shall remain in the trust fund at the end of the year and shall be available for carrying out the purposes of the trust fund.

History.-s. 1, ch. 2003-163; s. 1, ch. 2010-14; s. 2, ch. 2013-3.

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