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CDOT urges approval of bill to accelerate bridge-and-tunnel impact-fee increases, saying it will generate $28 million
Summary
The Department of Transportation supported accelerating statutorily scheduled increases to the bridge-and-tunnel impact fee, estimating an additional $28 million for bridge repairs over three years and saying the fee is not a new tax but an acceleration of an existing schedule.
The committee advanced Senate Bill 320 after testimony from Colorado Department of Transportation officials who said the bill accelerates already‑scheduled increases to the bridge and tunnel impact fee and would generate roughly $28 million more over the next three years for bridge and tunnel repairs.
Patrick Halenda, managing director for CDOT’s Bridge and Tunnel…
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