Tag: transportation trust fund
Transportation lockbox is too easy to open, but is...
By Len Lazarick | October 21, 2014 | Commentary, News | 5 |
House approves gas tax hike of 10 cents per gallon...
By Len Lazarick | March 22, 2013 | News, Taxes | 7 |
State Roundup, February 13, 2020
by Cynthia Prairie | February 13, 2020 | State Roundup | 0 |
County, city leaders urge General Assembly to provide more funding for balanced transportation spending statewide; transit panel hears testimony on bill to ban state from acquiring residential property for toll lanes for I-270, I-495; Darryll Pines, longtime engineering dean, is named new president of University of Maryland, replacing Wallace Loh; advocates push to update state’s 50-year-old open records laws; some minors would be allowed to get vaccines without parental consent; bill would reinstate capital punishment for mass murder; on a tip, state auditors question grant to buy country club/golf course with opioid funds; and resolution to set up panel to rename Western Maryland mountain.
Read MoreTransportation lockbox is too easy to open, but is still worth passing
by Len Lazarick | October 21, 2014 | Commentary, News | 5 |
Shouldn’t the money we pay in the gasoline tax be used to fund the roads and bridges it was supposed to build and maintain?
Yes, of course, you say.
That’s the answer voters need to give to Question 1 on the state ballot this year.
Transportation fund ‘lockbox’ sent to voters
by Len Lazarick | April 9, 2013 | Governor, News, Taxes | 2 |
Voters next year will be asked to approve a constitutional amendment creating a “lockbox” to prevent raids on the Transportation Trust Fund for other purposes, but Republican opponents said the measure was a sham that would provide little protection. The measure provides that money can only be taken out of the Transportation Trust Fund after a three-fifths vote of both houses of the Maryland General Assembly once the governor has declared a state of “fiscal emergency.”
Read MoreMajor gas tax hike sent to governor by Maryland Senate
Just 25 days after it was introduced, the Maryland Senate enacted the first gas tax hike in 21 years, sending the governor a 10 to 12 cent per gallon increase by 2015. The bill calls for the tax to go even higher — it will rise automatically in future years.
Read MoreGas tax bill approved by Senate committee
by Meg Tully | March 28, 2013 | General Assembly, News, Taxes | 8 |
A controversial gas tax hike already passed by the House of Delegates was approved by a Senate committee Thursday, moving it one step closer to becoming law. The committee also approved a constitutional amendment requiring three-fifths votes in both houses to use transportation money for other purposes, a so-called lockbox.
Read MoreHouse approves gas tax hike of 10 cents per gallon or more
by Len Lazarick | March 22, 2013 | News, Taxes | 7 |
The intensely debated gas tax hike electrified the house floor on Friday moving many delegates to speak who “hadn’t planned on standing up.” The two hour debate, culminated in a hotly disputed vote, ultimately passing 76 votes to 63.
HB 1515 raises Maryland’s gas tax by at least 10 cents per gallon or more over the next two years, indexing it to inflation, with aims to fund mass transit projects and highway improvements.
Read MoreHouse of Delegates rejects proposal to return $1 billion taken from highway funds
by Len Lazarick | March 14, 2013 | Governor, News | 15 |
During floor debate over the state budget, the Maryland House of Delegates rejected an amendment that would restore $1.1 billion in funds that had been taken from highway user revenues to pay the state’s bills during budget shortfalls since 2003. Del. Susan Krebs, R- Carroll, who introduced the amendment, argued Wednesday that the state had an obligation to restore these highway revenues before asking motorists to pay additional tolls and gas taxes.
Read MoreAnalysis: Tax-weary Assembly leery of gas tax hike
by Len Lazarick | February 12, 2013 | General Assembly, News, Taxes | 2 |
A tax-weary legislature has no stomach to raise needed transportation revenues. Everybody agrees that a good transportation network of roads, highways, bridges and mass transit are an essential underpinning of the Maryland economy. But there’s no agreement on how to pay for this transportation system in the 21st century.
Read MoreO’Malley says he’s delivered on some goals, but not energy and transportation
by Len Lazarick | December 19, 2012 | News, Taxes | 8 |
A lot of the reporters wanted to talk about guns at Tuesday’s roundtable with Gov. Martin O’Malley, and the governor did speak in general terms about the need for more gun control and mental health services. But what O’Malley really wanted to talk about was how his administration measured up to the 15 broad goals that are tracked by the governor’s “delivery unit.” Maryland did show broad progress on most of the goals since O’Malley took office, and some of the targets had already been met .
Read MoreGas tax increase, public-private partnerships discussed for transportation funding
by Len Lazarick | September 15, 2011 | General Assembly, Governor, News, Taxes | 1 |
State policymakers all agreed that Maryland needs more money for transportation needs. How to get that money was the subject of two meetings in Annapolis on Wednesday.
Read MoreLockdown for transportation trust fund examined, questioned
by Len Lazarick | February 23, 2011 | Governor, News | 0 |
A constitutional amendment that would lock down the money in the transportation trust fund was supported by lawmakers, local officials, business people and petroleum lobbyists – but financial analysts and some delegates questioned why such a measure is needed.
The bill, proposed in the House by Del. Susan Krebs, was debated in front of the House Appropriations Committee on Tuesday afternoon. Krebs, a Carroll County Republican, said that there are myriad transportation needs in the state, and not always enough money to make them happen. Proceeds of the transportation trust fund, which was created in 1971, are meant to be spent solely on transit needs.
Read MoreCommission recommends transportation fund lockdown, increasing revenues by $800M
by Len Lazarick | February 15, 2011 | News | 0 |
The best way to improve Maryland’s transportation system is to lock down the transportation trust fund, and start raising $800 million per year in new funds to maintain infrastructure, a state transportation committee is recommending to the governor and General Assembly.
The Blue Ribbon Commission on Transportation Funding put the final touches on its report Monday.
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