Proposed House Transportation Budget To Cap Gas Tax
May 04, 2012
Earlier this week, the House Appropriations Subcommittee on Transportation reviewed a proposed transportation budget that includes a cap on the state gas tax. The proposed cap -- 37.5 cents per gallon from July 1, 2012 to June 30, 2013 -- is projected to reduce state transportation revenues by $149.7 million during the 2012-13 fiscal year. To balance the reduction in transportation revenues, the House Committee proposes the following cuts:
- Maintenance and Construction -- $103.8 million
- Public transportation grants -- $8.7 million
- State Aid to Airports -- $3.9 million
- Intrastate Construction -- $6.3 million
- Urban Loops Construction -- $2.5 million
- Powell Bill -- $656,195
- Secondary Roads Construction -- $656,195
Additionally, the proposed budget delays ferry toll increases which were to take effect this year, and it eliminates emission inspections on newer vehicles.
The Committee did not approve the proposed budget, but it is expected to vote on the bill late next week. It is anticipated that the House will adopts its proposed budget by the end of May.
Posted on May 04, 2012 by Paul Meyer