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JBC authorizes staff to draft changes to bridge-and-tunnel impact fee, speeding up scheduled increases
Summary
The Joint Budget Committee directed staff to work with legislative attorneys to prepare a bill that would accelerate scheduled increases to the special-fuels bridge-and-tunnel impact fee and extend a truck-maintenance tax exemption; staff said fee schedule changes would yield about $28.4 million and the exemption extension would reduce revenue by about $2.5 million.
The Joint Budget Committee voted unanimously to authorize staff to draft legislation that speeds up increases to the bridge-and-tunnel impact fee and to consider extending a multistate trucking maintenance tax exemption.
Michelle Curry of JBC staff said the proposal — raised to address…
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