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PA HB1364
Bill
Status
6/17/2025
Primary Sponsor
Ed Neilson
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AI Summary
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6.15% of sales tax revenue collected under Article II of the Tax Reform Code will be deposited into the Public Transportation Trust Fund monthly, increasing to 7.9% beginning June 30, 2028
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Commonwealth Financing Authority may issue up to $500 million in bonds for road and bridge construction, reconstruction, rehabilitation, maintenance, and repair projects statewide
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Road and Bridge Project Fund and Road and Bridge Project Sinking Fund established in State Treasury, with 0.25% of sales tax revenue dedicated to bond repayment
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Local transportation organizations may exceed the 20% cap on prior year allocation increases, with hold harmless provisions on local match requirements for five fiscal years beginning 2025-2026
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Transportation Funding Advisory Commission created with 30-40 Governor-appointed members plus legislative leaders, tasked with developing comprehensive transportation funding proposals by January 1, 2026
Legislative Description
Providing for Public Transportation Trust Fund transfers and increases; establishing the Road and Bridge Project Fund and the Road and Bridge Project Sinking Fund; authorizing the Commonwealth Financing Authority to issue bonds for road and bridge projects; providing for allocation adjustment; establishing the Transportation Funding Advisory Commission; and imposing duties on the Department of Transportation.
Last Action
Referred to Transportation
6/18/2025