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Sen. Moser urges doubling Build Nebraska Act sales-tax share to address rising road costs
Summary
Lawmakers and construction and engineering groups told the Revenue Committee that Nebraska’s Build Nebraska Act funding is not keeping pace with construction cost escalation and urged increasing the dedicated sales-tax share from a quarter‑cent to a half‑cent.
Senator Mike Moser, introducing LB 479 to the Revenue Committee, asked lawmakers to increase the share of sales‑tax revenue dedicated to the Build Nebraska Act (BNA) from one quarter of one percent to one half of one percent, saying construction costs have risen sharply and BNA revenue is no longer keeping pace.
The bill would double the current sales‑tax allocation for the BNA, a fund created in 2011 that dedicates 0.25% of the state sales tax to expressway expansion, federally designated high‑priority corridors and reconstruction of existing state transportation infrastructure. “Therefore, we need to increase the percentage of sales tax revenue dedicated to fund the Build Nebraska Act from 1 quarter of 1% to 1 half of 1%,” Moser said in his opening remarks.
Supporters from the construction and engineering sectors told the committee that rising materials, labor and equipment costs and other project risks have increased the state’s highway funding gap.…
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