CSHB 30 - Transportation Infrastructure Fund

• Establishes a dedicated transportation infrastructure fund under Alaska's Constitution to receive revenues from motor fuel taxes, vehicle registration fees, driver's license fees, studded tire taxes, and vehicle rental taxes (50% of proceeds).

• Creates a Transportation Infrastructure Fund Advisory Council with 19 members to prioritize eligible transportation projects based on need and nonbiased information, with recommendations due by October 15 annually.

• Allocates fund distributions with maximums of 80% for roads/surface transportation, 25% each for aviation and Alaska marine highway system, 20% for harbor facilities and community transit, and 15% for pedestrian facilities and trails.

• Requires the Commissioner of Revenue to manage the fund as an endowment with a target 6% real rate of return and to annually report available appropriations, calculated as 6% of average fund values plus 50% of prior year revenues deposited under certain provisions.

• Makes the entire act contingent on voter approval of a constitutional amendment establishing the transportation infrastructure fund as a dedicated fund before July 1, 2013.