A BILL TO BE ENTITLED
AN ACT to authorize the board of transportation to approve partnership agreements to make needed transportation improvements.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 143B‑350(f) reads as rewritten:
"(f)	Duties of the Board. – The Board of Transportation shall have duties and powers:
…
(14)	To approve partnership agreements to finance construction and maintenance of highways, roads, streets, and bridges with political subdivisions, including authorized transportation authorities and private entities, to finance, by tolls and other financing methods, the cost of acquiring, constructing, equipping, maintaining, and operating highways, roads, streets, and bridges in this State. Any expenditure approved under this subdivision must be included in the most recently adopted Transportation Improvement Program."
SECTION 2.  This act becomes effective July 1, 2005.