Road Safety and Economic Development Act of 2015 - Summary

• Increases motor fuel tax from 25¢ to 33¢ per gallon on gasoline effective July 1, 2015, with additional 1¢ annual increases authorized through 2016 if governor does not suspend; adds separate 4¢ per gallon tax on diesel fuel

• Establishes new registration fees for electric vehicles ($140) and hybrid vehicles ($75) to generate highway funding

• Revises vehicle registration fees across multiple categories (pickup trucks, motorcycles, commercial/farm vehicles, trailers, utility trailers) with increases ranging from $6-$48 per year depending on vehicle type

• Creates sales tax exemption for materials used in public road construction projects under contracts with government entities, and establishes dyed fuel enforcement pilot program

• Adjusts highway distribution account allocations and petroleum clean water trust fund transfer fee provisions, with specific percentages directed to state highway account, law enforcement account, and local units of government; all revenue provisions effective July 1, 2015, with vehicle fee changes effective January 1, 2016