§268-2.6 - Ferry project special fund.
[§268-2.6 Ferry project special fund.]
There is established in the state treasury the ferry project special fund, into
which shall be deposited revenues collected by the operators of the
intra-island water ferry transportation system. Moneys in the ferry project
special fund shall be used to offset costs incurred by the intra-island water
ferry transportation system or demonstration project, or both; provided that no
expenditure shall be made from, and no obligation shall be incurred against the
fund in excess of its deposits. Moneys in the fund shall be expended by the
department of transportation. [L 1998, c 221, §4]
Note
Demonstration project. L 1998, c 221, §3.