Reported by CommitteeFiled Feb 4, 2026
Sponsor: Brown, Cathrynn N.
Latest Action
action postponed indefinitely
Mar 24, 2026
Summary
The bill sets up two new state funds – a non‑reverting Transportation Trust Fund and a Program Fund that reverts any unused money back to the trust. It earmarks portions of electricity sales tax and motor‑vehicle excise tax revenues for the trust and requires the trust to transfer 5% of its average market value each July to the Program Fund for matching federal grant money. The funds are managed by the state treasury and the Department of Transportation.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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