{"id":197,"date":"2015-05-28T19:45:00","date_gmt":"2015-05-28T19:45:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/2015\/05\/28\/6-points-from-the-transportation-funding-deal\/"},"modified":"2015-05-28T19:45:00","modified_gmt":"2015-05-28T19:45:00","slug":"6-points-from-the-transportation-funding-deal","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/6-points-from-the-transportation-funding-deal\/","title":{"rendered":"6 Points from The Transportation Funding Deal"},"content":{"rendered":"<ul>\n<li>Projected $3 Billion boost in funding, possibly more<\/li>\n<li>Funding will shift to \u00a0construction and maintenance of toll-free roads<\/li>\n<li>Will require voter approval in November 2016<\/li>\n<li>Funding will rely on\u00a0general sales tax and the motor vehicle sales tax<\/li>\n<li>The funding mechanism: &#8220;starting in 2018, TxDOT would get up to an additional $2.5 billion a year in general sales tax revenue once that pot reached $28 billion a year&#8221;<\/li>\n<li>&#8220;Starting in 2020, the highway fund would also get 35 percent of motor vehicle sales tax revenue over $5 billion a year. Pickett estimated that cut would produce more than $250 million a year at first and then be in a position to grow.&#8221;<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.dallasnews.com\/news\/politics\/headlines\/20150526-house-senate-deal-would-boost-texas-road-fund-by-billions.ece\">Dallas Morning News <\/a>\u00a0<a href=\"https:\/\/www.texastribune.org\/2015\/05\/26\/house-senate-leaders-confirm-deal-boost-transporta\/\">Texas Tribune\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<ul>\n<li>Projected $3 Billion boost in funding, possibly more<\/li>\n<li>Funding will shift to \u00a0construction and maintenance of toll-free roads<\/li>\n<li>Will require voter approval in November 2016<\/li>\n<li>Funding will rely on\u00a0general sales tax and the motor vehicle sales tax<\/li>\n<li>The funding mechanism: &#8220;starting in 2018, TxDOT would get up to an additional $2.5 billion a year in general sales tax revenue once that pot reached $28 billion a year&#8221;<\/li>\n<li>&#8220;Starting in 2020, the highway&#8230;<\/li>\n<\/ul>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,8,5,6],"tags":[],"class_list":["post-197","post","type-post","status-publish","format-standard","hentry","category-2015-legislation","category-funding","category-roads","category-tollroad","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/comments?post=197"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/197\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/media?parent=197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/categories?post=197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/tags?post=197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}