LRB-1887/P1
ZDW:amn
2023 - 2024 LEGISLATURE
DOA:......Aslesen, BB0537 - Local bridge South Bridge Connector
For 2023-2025 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
Transportation
Highways and local assistance
Bonding authority for Southern Bridge project
Under current law, the state may contract up to $46,849,800 in public debt for DOT to acquire, construct, develop, enlarge, or improve local bridges and interstate bridges. This bill authorizes the state to contract an additional $50,000,000 in public debt for the construction of the Southern Bridge project crossing the Fox River in Brown County.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section
1. 20.866 (2) (ug) of the statutes is amended to read:
20.866 (2) (ug) Transportation; accelerated bridge improvements. From the capital improvement fund, a sum sufficient to acquire, construct, develop, enlarge or improve local bridges under s. 84.11 and interstate bridges under s. 84.12. The state may contract public debt in an amount not to exceed $46,849,800 for this purpose. In addition, the state may contract public debt in an amount not to exceed $50,000,000 for the construction of the Southern Bridge project crossing the Fox River in Brown County.
(End)
