Committee briefed on proposed purchase-and-use tax allocation changes and draft T‑bill language on speed limits and project cancellation
JFO staff described a proposal in the miscellaneous tax bill to shift about $10 million a year of purchase-and-use tax revenue to the Transportation Fund (changing allocation percentages), and the committee reviewed draft T‑bill language directing AOT and partners to study speed-limit statutes, project cancellation rules and municipal grant programs.
The full story
Members of the House Transportation Committee on March 17 received two interrelated briefings: (1) Joint Fiscal Office staff explained a proposed reallocation of purchase-and-use tax revenue that would increase the Transportation Fund's share by roughly $10 million annually; and (2) legislative counsel presented draft T-bill language directing study of project-cancellation procedures, municipal grant programs and statutory procedures for establishing speed limits.
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