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Louisiana
TIAC tracks the latest state & local transportation funding news. To contribute to this effort, contact Carolyn Kramer Simons.
April 26: Transportation Funding Roundup
One state calculates the impact of a 2015 transportation funding increase, two states feel the pinch of transportation funding shortfalls, and leaders in three states look to increase the state gasoline tax. *** Preliminary results from an independent study suggest that Georgia’s 2015 legislative action [...]
April 14: State Transportation Funding Roundup
Nebraska lawmakers April 12 approved a bill that will create a state transportation infrastructure bank. Initial funding includes $50 million from the state’s rainy day fund and the 2 cents-per-gallon gas tax increase, which was signed into law in 2015. The bill also authorizes design-build [...]
April 7 Roundup: Governors & State Transportation Funding
Tennessee Gov. Bill Haslam (R) proposed returning $100 million of diverted revenue back to the state’s highway fund in his March 28 budget proposal. The additional revenue would help fund the Tennessee Department of Transportation’s three-year, $2 billion program. Read More. Louisiana Gov. John Bel [...]
Feb. 29: State News Roundup
Current low fuel prices make it a “good time” to increase motor fuel taxes in order to fund transportation projects, according to a Ball State University Center for Business and Economic Research report released Feb. 15. The study concluded that businesses and residents in Indiana [...]
State Transportation Funding News Roundup
A TRIP report released Nov. 24 found poor roads and congestion in Connecticut costs urban residents an estimated $5.1 billion per year in the form of vehicle operating costs, lost time, wasted fuel, and the financial repercussions of traffic incidents. Thirty-three percent of urban roads [...]
Louisiana Voters Approve Transportation Infrastructure Bank, Fail to Pass New Revenue
Louisiana residents approved one transportation funding-related measure and declined another during the statewide election held Oct. 24. Constitutional Amendment 2, passed by voters 53 percent to 47 percent, authorizes the state treasurer to invest existing public funds into the newly-created state infrastructure bank solely for [...]
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