Sec. 13a-162b. Special Merritt and Wilbur Cross Parkways Fund.
Sec. 13a-162b. Special Merritt and Wilbur Cross Parkways Fund. (a) There
is established and created a fund to be known as the "Special Merritt and Wilbur Cross
Parkways Fund". Such fund may contain any moneys required by law to be deposited
in such fund and shall be held by the State Treasurer separate and apart from all other
moneys, funds and accounts. Investment earnings credited to the assets of such fund
shall become part of the assets of such fund. Any balance remaining in such fund at the
end of any fiscal year shall be carried forward in such fund for the fiscal year next
succeeding.
(b) The State Treasurer shall apply the resources in the Special Merritt and Wilbur
Cross Parkways Fund, upon their receipt, first, to pay or provide for the payment of any
cost associated with the removal of toll booths and the reconstruction of the toll plazas
on such parkways.
(c) Any remaining resources of said fund shall be applied and expended for the
maintenance and repair of such parkways.
(P.A. 86-391, S. 7, 9-12; P.A. 87-453, S. 1, 2; P.A. 91-407, S. 15, 42.)
History: P.A. 87-453 amended Subsec. (d) by changing the date from which funds collected from the tolls on the Merritt
and Wilbur Cross Parkways are to be credited to the Special Merritt and Wilbur Cross Parkways Fund from July 1, 1987,
to July 2, 1987, and by requiring the treasurer to credit to such fund an amount equal to the amount received from such
tolls during the period from April 1, 1987, to July 2, 1987, inclusive; P.A. 91-407 deleted Subsecs. (a), (b) and (d) re
collection of tolls and the removal of toll plazas on the Merritt and Wilbur Cross Parkways, relettering remaining Subsecs.
accordingly.