Vt. Stat. tit. 19 § 2614

Current through L. 2024, c. 185.
Section 2614 - [Repealed effective 7/1/2026] Legislative approval

If the Secretary determines that a proposal that requires legislative approval under section 2613 of this title is in the public interest and should be pursued, the Secretary shall submit to the General Assembly:

(1) a description of the proposal, including:
(A) a summary of the project scope and timeline;
(B) the rights and obligations of the State and private entity partner or partners, including the level of involvement of all partners in any ongoing operations, maintenance, and ownership of a facility;
(C) the nature and amount of State funding of the project and of any ongoing State financial responsibility for ongoing maintenance or operation costs; and
(D) its effect on any project in the most recent approved Transportation Program;
(2) a statement detailing how the proposal meets the Agency's criteria developed under this subchapter; and
(3) proposed legislation to confer authority to the Agency to enter into a P3 agreement with respect to the proposal.

19 V.S.A. § 2614

Amended by 2023 , No. 62, § 41, eff. 6/12/2023.
Added 2017, No. 158 (Adj. Sess.) , § 20, eff. 5/21/2018; repealed on 7/1/2026 by 2017, No. 158 (Adj. Sess.) , § 21.