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ID H0342
Bill
Status
3/17/2021
Primary Sponsor
Ways and Means Committee
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AI Summary
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Increases the transportation expansion and congestion mitigation fund from 1% to 3% of sales tax revenue, with a minimum of $145,000,000 annually.
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Increases local units of government highway funding allocation from 1.5% to 1.5% of sales tax revenue, maintaining a minimum of $22,500,000 annually.
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Changes the minimum threshold language for transportation funding distributions to establish specific dollar amounts rather than percentage-only calculations.
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Requires transportation funding distributions to immediately follow revenue-sharing account distributions under subsection (10).
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Maintains continuous appropriation status for both transportation funding mechanisms, allowing distributions without separate annual legislative appropriations.
Legislative Description
Amends existing law to increase funding for state and local transportation through sales tax.
TRANSPORTATION
Last Action
Introduced, read first time; referred to: Transportation
3/18/2021