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Managed by Paul J. Loftus, a partner at Dinsmore & Shohl LLP, Transportation Law Today provides professionals in the rail, transit, inland maritime, and trucking industries with current news and analysis of laws, rulings, and regulatory policies.



Friday, April 20, 2012

Kentucky House Funds Dredging & Bridge Repairs

The Kentucky House of Representatives, in the recently passed House Bill 2 in the current special session, has appropriated $500,000 per year for the next two fiscal years for "Riverfront Improvement." The funds to "improve public riverports within Kentucky," are to be "limited to dredging and maintenace of access." According to the Bill, the Secretary of the Transportation Cabinet, in conjunction with the Kentucky Water Transportation Advisory Board, will determine how the funds are actually allocated. The Bill also commits two years of funding to the Louisville-Southern Indiana Ohio River Bridges Project. This project is part of the effort to replace Ohio River bridges recently found not structurally sound, as noted by this prior post. In total, the Kentucky Transportation Cabinet budget for the next two fiscal years is set at $2.38 to $2.400 billion dollars.

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