Wednesday, February 4, 2015

Governor Hogan Calls For Gas Tax Cuts, More Road Funding in State of the State

Recently sworn in Governor Larry Hogan addressed the issue of transportation funding in his State of the State address today.  Excerpt follows
Repealing Automatic Gas Tax Increases 
After siphoning a billion dollars from the Transportation Trust Fund, a decision was made to enact the largest gas tax increase in state history. This legislation also included language that would automatically increase taxes every single year without it ever having a coming up for a vote.
 
Marylanders deserve the transparency to know how their elected leaders vote every time the state takes a bigger share of their hard-earned dollars. This is a regressive tax that hurts struggling Maryland families and our most vulnerable, and which adds to the cost of almost everything.
 
These automatic tax increases should be repealed, and we will submit legislation to do so.
 
Improving Transportation
Over the last several years, monies for local road improvements have been slashed by up to 96 percent. 
 
Our administration is committed to restoring the money that was taken from the transportation trust fund, and to making sure that it never happens again. 
 
Today I am pleased to announce a supplemental to our FY2016 budget that will increase Highway User Revenues by $25 million and give counties and municipalities the most money for road improvements that they have received since FY 2009.
 
Further, we are committed to increasing the local share of Highway User Revenues from 10% today to its original high point of 30% over the next 8 years. .