Georgia General Assembly Passes House Bill 150
In 2015 the General Assembly passed House Bill 170 (The “Transportation Funding Act” of 2015) which reformed the gas tax formula and tied the gas tax to an index. Over a 20-year period, the index will provide the Georgia Department of Transportation with almost $11 billion in revenue that will help maintain material and labor costs tied to inflation. House Bill 170, as passed in 2015, included language that would have caused the consumer price index to sunset on July 1, 2018.
The Georgia Chamber is proud to announce the passage of House Bill 150. Through our partnership with members of the General Assembly, the Chamber created an amendment to House Bill 150 that now extends the sunset to July 1, 2022. This will allow the Georgia Department of Transportation to continue with the management and production of the construction program in a way that is commiserate with economic changes.
House Bill 150 will also grant the State Road & Tollway Authority the power to withhold the motor vehicle registration of those who fail to pay toll fines. It would also authorize the state to collect unpaid tolls and fines via state income tax refund set-off.
The Georgia Chamber applauds the General Assembly’s hard work, leadership, and dedication in our continued effort to improve transportation and infrastructure statewide.
Category: State Legislation