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Although it is the first long-term surface transportation bill since SAFTEA-LU expired in 2009, which will give the industry a sense of security when planning, it still didn’t solve the most pressing issue — finding a sustainable funding mechanism.
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Passed by a 363-64 vote, the bill calls for spending $261 billion on highways and $55 billion on transit over six years. As expected, the legislation authorizes highway funding for six years, but only if Congress can come up with a way to pay for the final three years.
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Fifteen of the 16 cities in Salt Lake County have passed resolutions that support placing a vote on this year’s ballot according to the Salt Lake Tribune.
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One of the proposed federal bills, H.R. 1846, would index the gas tax to inflation and create a bi-partisan, bi-cameral transportation commission that would provide long-term funding of the Highway Trust Fund. Another proposed bill, H.R. 680, would increase the gas tax by five cents per year for three years.
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The Highway Trust Fund -- our federal funding for roads, bridges, and transit systems -- is on course to become insolvent by August, jeopardizing America's infrastructure and its economy.
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Proposal would increase the federal gasoline and diesel taxes by six cents in each of the next two years for a total of 12 cents. This would provide enough funding to offset current MAP-21 spending levels over the next 10 years.
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Gov. Mark Dayton's task force on transportation is calling for an increase in local sales taxes, gas taxes and vehicle fees. He created the task force last year in response to more demand for new revenue sources to pay for transit and highways.
Read More →Two weeks ago, President Barack Obama signed the new MAP-21 surface transportation bill, funding transportation programs and giving public transit a much needed sense of stability, even if it’s for only two years.
Read More →The agency has a $12.6 billion operating budget and has budgeted about $4.5 billion annually in capital projects until 2014. MTA may be forced to raise fares to compensate for lost money needed to fund improvements.
Read More →A new Reason-Rupe poll finds 77% of Americans oppose increasing the federal gas tax, while just 19% favor raising the tax, which is currently 18.4 cents a gallon.
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