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TPPF’s recommendations for transportation in 2015:
Remove governmental restrictions on the development of innovative practices in the financing, design, building, and private ownership/operation of Texas’ transportation infrastructure.
Extend and expand design-build contracting after it expires in August 2015.
Rising federal aid funding for transportation and other s…
In an interview with Bill Hammond of the Texas Association of Business, Senator-Elect Burton and Senator Hancock talk transportation funding:
Posted infunding, legislative trend
A select joint committee in Georgia studied increasing transportation funding. The committee’s report proposes a transportation funding plan that combines tax cuts and tax increases. Most interesting about the report is that for every $1 invested in transportation funding, between $4- $7.80 is returned in economic benefits generated. 7 Companies are testing driverless cars in California. As a result, California is trying to get ahead of regulations before the cars hit the consumer market. 2 Questions arise: 1. How do you regulate? 2. How do you verify the safety standards of the cars? 3 options: Taxi companies usually are subject to laws/regulations that require finger printing. Ride Share companies like Uber and Lyft usually use private security companies which they assert are better and quicker. Conclusion of the NYTimes Editorial: No background check is perfect. Toll Authorities subject to Chapter 366, Transportation Code, will undergo Sunset review, at their own cost, under HB 572. Tollroads are as popular with Texans as garlic is with vampires. The TransTexas Corridor met its end by way of negative public reaction. Texas still needs to build more roads and improve current roads. So what’s happened since Trans Texas was proposed? South Texas Energy & Economic Roundtable sent a letter to TXDOT calling on more Prop 1 transportation funding dollars to support road improvements in Eagle Ford and Permian Basin oil producing regions. Letter highlights: “South Texas county judges, mayors and all elected officials, along with the oil and natural gas industry, put a premium on safety.” Incr… Minnesota Governor, a Democrat, is proposing a package of transportation funding proposals: Bruce Bullock, director of Southern Methodist University’s Maguire Energy Institute, says oil prices will begin recovering in early 2015. He predicts the value of a barrel should increase to $75. Additional increases will depend on global oil demands. Dallas Morning News Transportation Funding: A 400% Return on Investment
Regulating Driverless Cars: Technology Moves Fast. Regulations Do Not.
Background Checks: Taxis or Uber/Lyft Doing It Better?
HB 572: Sunset the Toll Authorities
The Future of Toll Roads By Looking Back at Trans Texas Corridor
South Texas Energy & Economic Roundtable: Increase Eagle Ford Road Funding
Minnesota Transportation Funding Trends
Lower Oil Prices Harm Transportation Funding? SMU Economist Says No