H582 - Transportation for the Future Act

• Reduces state funding for Statewide Strategic Mobility Projects from 40% to 30% of transportation investment formula funds and increases Regional Impact Projects from 30% to 40%, with a requirement that at least 20% of all distributed funds support non-highway projects.

• Adds bus rapid transit, commuter rail, intercity rail, and light rail as eligible public transportation projects in Division Needs, Regional Impact, and Statewide Strategic Mobility categories, with state funding for commuter rail and light rail projects capped at 10% of distribution region allocation or 10% of estimated total project costs.

• Requires written agreements establishing that all non-State funding has been committed before state funds can be expended for light rail projects.

• Tightens allowable variance from the transportation investment formula from 15% to 10% over five-year periods and from 10% to 5% over 10-year periods.

• Expands local subdivision regulations to permit dedication of rights-of-way and funding requirements for multimodal transportation facilities including sidewalks, bicycle lanes, bus stops, and transit infrastructure, and allows counties to levy up to 1% local sales and use tax dedicated to public transportation systems.