§ 334. Federal aid. 1. The department of taxation and finance shall
accept and receive any and all grants of money awarded to the state and
its political subdivisions under the federal highway safety act of
nineteen hundred sixty-six, and acts amendatory or supplemental thereto.
All monies so received shall be deposited by the department of taxation
and finance in a special fund or funds and shall be used exclusively for
establishing and administering highway safety programs pursuant to the
provisions of this article. Such money shall be paid from said fund or
funds upon audit and warrant of the comptroller on vouchers of or
certification by the governor or his designee.

2. At least forty per cent of the federal funds so received shall be
allocated and paid to those political subdivisions which have
established approved local highway safety programs. In determining the
allocation of such amount among such political subdivisions, the
governor or his designee shall consider the following factors:

(a) the relative populations of such political subdivisions;

(b) the total costs of the local highway safety programs;

(c) the amount of state aid and other funds received by such political
subdivisions for highway safety purposes; and

(d) the safety value of any special highway safety projects conducted
by such political subdivisions.

3. The federal funds remaining after the allocations and payments have
been made pursuant to subdivision two of this section shall be utilized
for such highway safety purposes as the governor or his designee shall
deem appropriate.