Our AJC colleague Aaron Gould Sheinin has snagged the fiscal note attached to H.B. 170, the transportation funding bill now under consideration by the House. His verdict:
Legislation proposed in the state House to boost transportation funding would fall short of its goal by nearly $125 million in its first year, according to a copy of an official state estimate obtained by The Atlanta Journal-Constitution.
The estimate, however, shows that by 2020, House Bill 170 could generate slightly more than the $1 billion sponsors see as the minimum needed to address Georgia’s growing transportation infrastructure problems.
The so-called fiscal note, produced by the Georgia State University Fiscal Research Center, only addresses changes made to state taxes, not any proposed shift in how local governments tax motor fuel. It shows the bill could generate an additional $871.1 million in the fiscal year that begins July 1 and $1.053.6 billion by fiscal 2020.
What? That's not enough? You want to read the fiscal note for yourself? Have at it:
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