Description:
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Report on road funding including: (1) analysis of revenue options to address the funding gap over fiscal years 2025 to 2034 between projected revenue to the highway user tax distribution fund, and revenue required to meet performance targets, or a metric for system maintenance, on each of the highway systems for which funding is allocated via the highway user tax distribution fund; and (2) recommendations, including proposed legislative changes, based on that analysis; while taking into consideration a range of options that: (1) analyze impacts across individuals and motor vehicles, accounting for factors that include but are not limited to vehicle class, power train, fuel or power type, vehicle age, vehicle weight, and annual miles traveled; and (2) consider financial stability, social equity, user convenience, administrative efficiency, transparency, and other appropriate policy and finance principles.
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Committee/Agency Jurisdiction:
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Transportation Finance Transportation Policy
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