Texas Central Railway Shifts to some Public Funding?

The Dallas Observer points out that the funding message for the team bringing high speed rail to Texas has shifted from all private fudning to exploring certain public funding options.

Public funding options for high speed rail include:

Americans for Prosperity Enter Palmetto State Gas Tax Debate

The gas tax is taking center stage for campaign season in South Carolina. “Anti-tax activists are working the phones to secure GOP senators’ opposition in 2016, when every legislator is up for re-election.”

The message: Reform the system. Don’t add more money. No new taxes. Governance reforms include:

  • abolishing both the legislatively appointed DOT commission and the State Infrastructure Bank (which funds transportation rojects)

The Chamber of Commerce retorts that reform is needed along…

Lege Trend: Peachy Transportation Laws Impact Local Governments in 2 Ways. Ends Aviation Exemptions.

Georgia this year overhauled transportation funding by passing HB 107, that will:

  • phase out the State’s 4% sales and use tax on motor fuel
  • raises the excise tax to $0.26 cents per gallon on gasoline and $0.29 per gallon on diesel, dedicated to transportation funding
  • creates an up to $100 fee on heavy trucks
  • eliminates the $5,000 state income tax credit for buying an electric vehicle
  • total-electric car owners will now pay a $200 annual fee ($300 for commercial vehicles)
  • adds an…

Golden State in Special Session on Transportation Funding & Governance. 2 Governance Proposals.

Last week we talked about business & labor leaders in California proposing an increase in fees and taxes to generate $6 billion for road funding.  This week the California Economic Summit’s Infrastructure action team suggested transportation governance overhaul including:

 

  • “Creating additional regional financing authorities authorized to build and maintain transportation and goods movement projects—and to enter into public-private partnerships to fund these projects, conduct…

Trend: Private Rail Rising in the East

Boston Surface Railroad Co. is planning a commuter rail line that would shuttle passengers between Worcester, Massachusetts, and Providence, Rhode Island. It’s about 45 miles.

Significant private investment in passenger rail is rare. The goal is to be up and running by 2017.

Not be outdone, All Aboard Florida is working on a $2.25 billion project to build a passenger rail from Miami to Orlando. It  also wants to being operating a limited route by 2017.

ABC News

TX Prop. 7: Dedicating Funds for State Highway Fund

Proposition 7

“The constitutional amendment dedicating certain sales and use tax revenue and motor vehicle sales, use, and rental tax revenue to the state highway fund to provide funding for nontolled roads and the reduction of certain transportation-related debt.”

Governor Abbott Proclamation

Senator Nichols, “If passed by the voters, the proposition would be the largest single increase in transportation funding in Texas history.”   GoSanAngelo

Lege Trend: New Transportation Fee for Motor Vehicles

California license plates have a special coating that help facilitate the reading of license plates by electronic means. All liberty lovers, please note that the regulation at issue is a fee and not whether this coating is good or bad.

With that libertarian disclaimer, this license plate coating peels. In California, a license plate that is peeling, but still legible, generated a $1,000 fine.

Sacramento Bee

Local Gov Trend: Businesses Support Sales Tax. More Transportation Funding. Improves Economic Development.

In Hillsborough, Florida business organizations are “gearing up to lead the campaign to pass a half-cent sales tax for transportation projects if county commissioners agree to put the tax on the November 2016 ballot.”

Business says lack of adequate roads and transportaiton funding is harming economic development. 

Tampa Tribune

One City. One Transportation Trust Fund. Pay as You Go with Sunsets.

Cape Girardeau, Missouri has a pay as you go transportaiton fund that works like this:

  • Funds are held in a restricted account to fund a group of pre-established projects that are completed over a 5 year period.
  • Projects are scheduled as the sales taxes were collected
  • Always will be on a “pay-as-you-go” system.
  • No bonds would be issued;  thus no  interest paid.
  • Creates a user’s tax funded by citizens and visitors who use our streets.
  • Sunsets every 5 years and requires citizen…