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Committee discusses transportation bonding and mileage‑based user fees as revenue options
Summary
Conferees debated placeholders for transportation infrastructure bonds and mileage‑based user fees and discussed coordination with the treasurer's office; members weighed acceleration of projects versus administrative burden.
Staff identified placeholder sections in the draft that propose transportation infrastructure bonds and mileage‑based user fees and told the committee those sections (on page 13) are subject to further discussion.
A committee member (speaker 6) framed bonding as a way to generate additional revenue to finance long‑term, large projects and noted testimony from the treasurer’s office and bonding professionals. He said bonding allows the state to "get more done" now while spreading costs to future users.
Other members said they were not opposed to bonding in concept but worried about the administrative burden on the treasurer’s office if the state starts a new bonding program too quickly. Chair Warren (speaker 7) said he would circulate counterproposal language on sections 13–14 to try to address concerns while achieving committee goals, and suggested involving the treasurer's office in further planning.
Next steps: staff and conferees agreed to continue developing bonding language, consult the treasurer’s office on implementation capacity, and present options at the next meeting.
