The bill aims to establish a county and township infrastructure fund to manage and allocate unobligated moneys from the rural access infrastructure fund. It amends existing law to require each county to create a rural access infrastructure fund for specific expenses related to engineering, construction, and rehabilitation of small structures. Notably, the bill introduces a provision that mandates counties to transfer any unexpended moneys, which are not contractually obligated, to the newly created county and township infrastructure fund by June 30 of each odd-numbered year starting in 2029.

Additionally, the bill creates a new section in the state treasury for the county and township infrastructure fund, which will consist of the transferred unobligated moneys. The fund will be administered by the Department of Revenue and is intended to facilitate the distribution of funds to counties for rural access projects and to ensure proper accounting and safekeeping of these funds. The bill outlines specific purposes for the fund, including allocation to rural access distribution funds and covering expenses related to small structures inventoried with the department.

Statutes affected:
Introduced, 02/04/2026: 31-34-3