Amendment ID: H86-11

Amendment 11

Education and Transportation Trust Fund

Senators Tarr and Brady move to amend the proposal for constitutional amendment by inserting in line 15 after the number:- “2023” the following:-

“There shall be established and set up on the books of the commonwealth, a separate fund to be known as the Education and Transportation Trust Fund. There shall be credited to the trust fund all revenue generated pursuant to this paragraph. The trust fund shall be subject to appropriation and shall be used exclusively for the purpose of providing the resources for quality public education and affordable public colleges and universities, and for the repair and maintenance of roads, bridges and public transportation. All monies deposited into the fund shall be expended exclusively for the purpose set forth in this paragraph. Not later than March 1 of each year, the comptroller, or any successor agency or authority shall certify and report to the clerks of the house and senate the amount of revenue generated and deposited into the trust fund.”