332 |
28-151 |
Committee on Calendar by Request Of I
Maga'lahen Guåhan |
10/31/06 |
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No. The bill authorizes the Governor to tap
into capital improvement funds, The Territorial Highway Fund
Construction Fund and the Tourist Attraction Fund Construction
Fund with balances of $14,743,414 and $6,730,585 respectively.
The first fund contains millions of dollars in collections of
gasoline tax which is tied to bonding to build highways. The
second fund is likewise tied to bonds and contains moneys from
the hotel room tax to be used for capital improvements.
I have opposed
bills that use capital improvement money for operations.
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