An Act providing for Public Transportation Trust Fund transfers and increases; establishing the Road and Bridge Project Fund and the Road and Bridge Project Sinking Fund; authorizing the Commonwealth Financing Authority to issue bonds for road and bridge projects; providing for allocation adjustment; establishing the Transportation Funding Advisory Commission; and imposing duties on the Department of Transportation.

HB 1364 reorganizes Pennsylvania's transportation funding by reallocating money from the Public Transportation Trust Fund to support road and bridge projects. It creates two new funds (the Road and Bridge Project Fund and its Sinking Fund), allows a state agency to issue bonds for infrastructure work, and establishes a Transportation Funding Advisory Commission to guide spending. The bill directly affects how the state finances road repairs and bridge maintenance, adjusting fund distributions and adding oversight. Key changes include authorizing bond sales for projects and requiring the Department of Transportation to follow new allocation rules. These provisions aim to streamline and increase funding for transportation infrastructure without specifying particular projects or outcomes.