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Senator Landseeds presents SJR 14 to extend half‑cent sales tax for roads; DFA estimates ~$293.7M in collections
Summary
SJR 14 would extend a half‑cent sales tax for roads after current bonds retire and require pay‑as‑you‑go language preventing use to secure state highway bonds. DFA estimated roughly $293.7 million in additional annual revenue with distribution about 70% to the highway department and 15% each to cities and counties.
Senator Landseeds introduced SJR 14 to the committee as a measure to continue a half‑cent sales tax for road funding after the existing bond program ends. He said the proposal would step in when the current amendment/bond program expires and move funds to ongoing road maintenance and projects on a pay‑as‑you‑go basis rather than permitting the proceeds to secure state highway bonds.
Paul Gearing of the…
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