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House approves Transportation Investment Act with growth-factor formula after extended debate

Utah House of Representatives · February 28, 2005
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Summary

After hours of floor debate about committing future revenue, the Utah House approved a Lockhart amendment creating a Transportation Investment Fund and a multi-year growth factor to dedicate auto-related sales tax revenue to transportation; the measure passed 50–24 and moves to the Senate.

The Utah House approved the Transportation Investment Act on a 50–24 vote after lengthy debate over whether the Legislature should pre-authorize future revenue allocations for roads and highways.

Representative Rebecca Lockhart, sponsor of the amendment, said the change creates a Transportation Investment Fund that captures auto-related sales taxes and places $90 million in ongoing funding and $30 million in one-time funds into the account. "This amendment ... puts those monies into the Transportation Investment Fund," Lockhart said, describing the measure as a way to fund roads without raising new taxes.

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