
Seventy-five percent of respondents supported a 10-cent increase in the gas tax if the revenue raised is dedicated to maintenance projects.
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The Mineta Transportation Institute study looked just at transportation revenue collected by the state, a package of taxes and fees established by Senate Bill 1 in 2017.
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Budget highlights include $1.844 billion for bus and rail operations and $2.378 billion for various capital projects.
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Will include the installation of electronic tolling devices on the perimeter of the Central Business District.
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To cover the bump, Gov. Murphy wants to raise taxes by more than $1.5 billion.
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Funding for the plan would be offset by rolling back two-thirds of the revenue lost in the Republican tax bill by reinstating a top income tax rate of 39.6%, restoring the individual alternative minimum tax, reversing cuts to the estate tax, and raising the corporate income tax from 21% to 25%.
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The approach now being contemplated is considered innovative by some infrastructure experts but also carries considerable political and economic risks for Trump, according to a Washington Post report.
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The proposal previously passed the Senate and now heads to Gov. David Ige, who said he expects to sign it after a review.
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The bill is projected to bring about $2.37 billion to help complete the 20-mile rail by extending the half-percent excise tax surcharge on Oahu for another three years, although the mayor of Honolulu would like it extended to five years.
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The Honolulu Authority for Rapid Transportation has a September 15 deadline to submit its financial plan to the Federal Transit Administration.
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