Tennessee § 54-4-404 - Allocation and expenditure of funds — Matching funds — Bridge replacement.

§ 54-4-404. Allocation and expenditure of funds — Matching funds — Bridge replacement.

Funds appropriated to the state-aid highway system shall be allocated to the local agencies to be expended upon the designated highways and roads by the same formula as is set forth in § 54-4-103. No funds shall be either obligated or expended under this program unless the local agency agrees to match the proposed expenditures in an amount of twenty-five percent (25%). All of the required match or a portion of the match may be provided by in-kind contributions. A local agency may choose to transfer up to fifty percent (50%) of its funds allocated for the state-aid highway system to its state off-system bridge replacement program, in which case the matching requirements for bridge replacement projects as set forth in Acts 1982, ch. 916, § 11, Item 48, shall apply. It may choose to transfer up to that amount to participate in the federal-aid bridge replacement and rehabilitation program. If any county has an unexpended balance of funds that have accrued in the state treasury and that are available for the benefit of the county under this part, then the county may use the unexpended balance, in whole or in part, to provide a portion of the local agency share required by subsection (b); provided, that the county shall provide at least two percent (2%) of the approved project costs from county funds or in-kind project work approved by the commissioner of transportation, or both. Acts 1983, ch. 320, § 2; 1985, ch. 219, § 1; T.C.A., § 54-6-204 ; Acts 2015, ch. 195, § 2; 2017, ch. 442, §§ 1, 2; 2019, ch. 129, § 1. Compiler's Notes. Acts 1982, ch. 916, referred to in this section, is the Appropriations Act of 1982. Acts 2015, ch. 195, § 1 provided that the act, which added (d), shall be known and may be cited as the "County Road Relief Act of 2015". Acts 2015, ch. 195, § 3 provided that nothing in the act, which added (d), shall be construed to be an appropriation of funds and no funds shall be obligated or expended pursuant to this act unless such funds are specifically appropriated by the general appropriations act. Amendments. The 2015 amendment added (d). The 2017 amendment, in (d)(1), substituted “2015-2016, 2016-2017, 2017-2018, or 2018-2019” for “2015-2016 or 2016-2017” at the end; and, in (d)(2), substituted “2019” for “2017” following “July 1,”. The 2019 amendment, in (d), deleted former (2) which read: “This subsection (d) is deleted on July 1, 2019, and shall no longer be effective on and after such date.”, and, deleted the former proviso at the end of present (d) which read: “; provided, further, that the county shall initiate the project during fiscal years 2015-2016, 2016-2017, 2017-2018, or 2018-2019”. Effective Dates. Acts 2015, ch. 195, § 4. April 22, 2015. Acts 2017, ch. 442, § 3. May 25, 2017. Acts 2019, ch. 129, § 2. April 9, 2019.