* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*
CITY OF BALTIMORE
COUNCIL BILL R
(Resolution)
Introduced by: Councilmember Spector
A RESOLUTION ENTITLED
A COUNCIL RESOLUTION concerning
title
Vote Yes on Question #1 - State Transportation Fund Lockbox
FOR the purpose of supporting the proposed constitutional amendment to protect transportation funds from use on other projects, and urging a "Yes" vote on Question #1.
body
Recitals
At the general election on November 4th Maryland voters will elect officials to state and federal offices and will be asked to decide on a number of policy questions. The first of these questions, Question #1 on the ballot, would amend the Maryland Constitution to limit the use of funds in the Transportation Trust Fund. The official ballot summary for this question states:
This proposed constitutional amendment would require that funds in the State Transportation Trust Fund be used only for transportation purposes and prohibit transfers from the Transportation Trust Fund unless the Governor declares a fiscal emergency by executive order and the General Assembly passes legislation by a supermajority vote approving a different use or a transfer of the funds.
The Transportation Trust Fund is a special fund that is separate from the State’s General Fund. The General Fund consists of revenues collected by the State that are not dedicated by law to any specific purpose; a special fund consists of revenues, the use of which are statutorily limited as to purpose. The Tra...
Click here for full text