PRIVATE FUNDS FOR HIGHWAY SIGNS - H.B. 5050 (H-1): COMMITTEE SUMMARY
House Bill 5050 (Substitute H-1 as passed by the House)
Sponsor: Representative Valde Garcia
House Committee: Transportation
Senate Committee: Transportation and Tourism
Date Completed: 3-20-00
CONTENT
The bill would create a new act to permit the Department of Transportation to erect signs or markers to name or rename a rest area, roadside park, scenic turnaround, or welcome center, or a highway, street, or road or a portion of a highway, street, or road within its jurisdiction in honor of a specific individual or individuals or an organization, or for a specific purpose, only if sufficient private contributions were received to cover completely the cost of erecting the signs or markers.
- Legislative Analyst: L. Arasim
FISCAL IMPACT
Current Transportation Commission policy requires private funding sources for fabrication and installation of memorial highway markers. The cost varies depending on the size of the markers. The average cost of a marker (including fabrication and installation) is approximately $1,200 to $1,800 depending on its size.
The cost of rest area and roadside park signs is $200 per sign. This cost is currently paid with State funds.
- Fiscal Analyst: B. BowermanS9900\s5050sa
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.