Tom_Corbett

THE KEYSTONE STATE ADOPTS MULT-BILLION DOLLAR TRANSPORTATION PLAN

Republican Pennsylvania Gov. Tom Corbett signed into law Nov. 25 a comprehensive transportation funding bill that will pour an estimated $2.4 billion annually into his state’s roads and bridges within five years, an increase of approximately 40% from the $5.3 billion currently spent statewide.  The additional funds will come from eliminating the state retail gas tax (12 cents) paid at the pump, while also phasing out a cap on the oil company franchise tax on wholesale gasoline, effectively raising gas prices to 28 cents per gallon by the end of the five-year period.  Additional revenue will come from an increase in fees attached to vehicle registrations, driver’s licenses and inspections stickers.  Supporters of the plan say the increases at the pump will amount to an additional $2.50 per week for a motorist who travels 12,000 miles per year.

By the fifth year of the plan, the commonwealth will invest – annually – an additional $1.3 billion in state roads and bridges, $480 million in public transportation, $237 million in local roads and bridges, and $30 million in dirt, gravel, and low-volume roadways.  The bill also includes a provision that will allow PennDOT to raise the speed limit to 70 mph on some rural interstates.

NSSGA has compiled a list of top transportation funding legislation considered at the state level from 2011 through 2013 utilizing the exhaustive legislation database of the National Conference of State Legislatures, various press reports and input from NSSGA members.

[gview file="http://www.nssga.org/wp-content/uploads/2013/12/Major_State_Financing_Legislation_NOV_20131.pdf"]