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CA AB1591
Bill
Status
11/30/2016
Primary Sponsor
Jim Frazier
Click for details
AI Summary
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Creates the Road Maintenance and Rehabilitation Program funded by a $0.225 per gallon increase in motor vehicle fuel tax, a $38 annual vehicle registration fee increase, and a new $165 annual registration fee for zero-emission vehicles, with revenues deposited in a new Road Maintenance and Rehabilitation Account in the State Transportation Fund.
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Allocates program funds as follows: 5% to counties approving new transportation sales taxes after July 1, 2016; remaining 50% to state highway system maintenance or state highway operation and protection program; and remaining 50% to cities and counties under a specified formula.
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Requires the Department of Finance to repay outstanding loans made from transportation accounts to the General Fund by June 30, 2017, with repaid funds transferred to cities and counties, appropriating funds from the Budget Stabilization Account for this purpose.
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Increases diesel fuel excise tax by $0.30 per gallon, with revenues deposited in the Trade Corridors Improvement Fund, and adds truck parking and intelligent transportation system improvements as eligible uses for those funds.
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Eliminates annual revenue-neutral adjustments to gasoline and diesel excise tax rates, replacing them with recomputations every three years beginning July 1, 2019, based on California Consumer Price Index changes; prohibits weight fee revenue transfers for transportation bond debt service or loans to the General Fund.
Legislative Description
Transportation funding.
Last Action
From committee without further action.
11/30/2016