(1) The commission may allocate federal-aid highway funds for projects or programs in which all or a portion of the work is on highways that are not located on the highway systems defined in 60-1-103. The allocations must be made without regard to the financial district in which the project or program is located.
(2) The department shall allocate all federal transit administration funds, freight assistance funds, or any funds or grants available by legislative appropriation for the study, design, construction, repair, or improvement of rail or transit intermodal transportation systems.
(3) The commission may authorize the transfer of federal funds between qualified programs, including highway and transit programs.
(4) The commission may delegate commission functions and responsibilities under this section to the department.