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JBC authorizes staff to draft bill to accelerate bridge-and-tunnel impact fee increase
Summary
Committee approved staff authority to draft a bill that would speed up scheduled increases to the bridge-and-tunnel impact fee on special fuels and extend an interstate heavy‑truck maintenance tax exemption through 2029; the change would increase cash for CDOT's bridge and tunnel enterprise while reducing tax revenue subject to TABOR.
The Joint Budget Committee voted to authorize staff to work with legislative counsel to draft a bill that accelerates scheduled increases to the bridge‑and‑tunnel impact fee on special fuels and extends a tax exemption for interstate commercial truck maintenance through calendar year 2029.
Michelle Curry, Joint Budget Committee staff, told members the proposal responds to concerns from the Colorado Motor Carriers Association and the Colorado Department of Transportation about current funding…
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