The chairman of the Senate Transportation Committee, Sen. Steve Hobbs (D–Lake Stevens), released his proposal for a transportation funding package last week.
The package comprises three bills:
The 10-year proposal would raise and spend approximately $17 billion on many aspects of the state’s transportation system. Major revenue sources for the proposal include a carbon fee, additional fuel tax, transportation impact fees, and vehicle weight fees. The expenditures of the proposal include:
- State, tribal, and local improvement projects;
- Fish culverts (state and local);
- Highway preservation and maintenance;
- Funding for the Transportation Improvement Board and the Freight Mobility Strategic Investment Board; and
- Ferry replacement.
A brief summary of the proposed revenues and expenditures can be found here and a more robust outline of the plan can be found here.
Dates to remember
The package will be heard in the Senate Transportation Committee on Thursday, February 28 at 1:30 pm.