HB 2162 Summary

• Allows counties with populations of 400,000 or fewer to levy a county transportation excise tax of up to 20% of the transaction privilege tax rate (or utilities rate equivalent) with voter approval, with a termination date within 240 months.

• Requires transportation plans developed under the tax to comply with regional planning requirements, allocate revenues across transportation modes (highways, arterial streets, and public transit), and be coordinated with state and local transportation authorities.

• Permits counties with 400,000-1.2 million population to hold elections for renewal and extension of transportation taxes at rates up to 20%, with terms of 120-240 months, contingent on regional transportation authority request.

• Requires annual reporting to the legislature on tax revenues, construction projects, and spending breakdowns by category (freeways, transit systems, arterial streets) for any county levying a transportation tax.

• Establishes evaluation requirements beginning in 2025 and every five years thereafter for the regional transportation policy committee to assess allocation of assets and resources within the regional transportation plan.