Maine Statutes
§ 23 §1617 — State agency powers
1.Transportation projects.
The Department of Transportation, and all other agencies or departments of the State working in conjunction with the Department of Transportation, for the purpose of aiding and cooperating in the financing, construction, operation or maintenance of qualified transportation projects, may:
2.Federal transportation funds.
To assist in the financing, construction, operation or maintenance of the qualified transportation project, a state agency or department may by contract or pledge assign or otherwise transfer to the Department of Transportation or otherwise or directed by the bank all or a portion of federal transportation funds paid to the state agency or department or the revenues from any other legally available source.
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Legislative History
PL 2007, c. 329, Pt. P, §1 (NEW).
Nearby Sections
15
§ 23 §160
Property management§ 23 §1601
Expenditure of proceeds; appropriation§ 23 §161
Incidental expense payments§ 23 §1611
Definitions§ 23 §1612
GARVEE bonding authorized§ 23 §1613
Bank resolution; pledge; bond terms§ 23 §1614
Power and duty of the bank§ 23 §1615
Pledge of federal highway funds§ 23 §1616
Contracts are subject to continuing federal appropriations of federal transportation funds§ 23 §1617
State agency powers§ 23 §1619
Receipt of federal appropriation money