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HB 277 Transportation Investment Act of 2010

HB 277 Transportation Investment Act of 2010 . Columbus Proposed Regional Transportation Projects. Transportation Investment Act of 2010 Overview. Regional Transportation Sales and Use Tax Creates 12 special tax districts based on regional commission boundaries

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HB 277 Transportation Investment Act of 2010

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  1. HB 277Transportation Investment Act of 2010 Columbus Proposed Regional Transportation Projects

  2. Transportation Investment Act of 2010 Overview • Regional Transportation Sales and Use Tax • Creates 12 special tax districts based on regional commission boundaries • Each district can levy 1 percent sales tax for 10 years • Removes the cap on local sales and use taxed for the one-percent transportation funding sales tax • Individual counties cannot opt out • Money raised in district stays in district • Money is not subject to congressional balancing • Criteria for road development to be set by GDOT Director of Planning (finalized 11/2010) • Regional roundtables ultimately select projects • Vote will be primary election of 2012 • Funds start flowing in 1st quarter of 2013

  3. Transportation Investment Act of 2010 Overview • Creates 12 Special Tax Districts for Transportation along boundaries of Regional Commissions • River Valley Regional Commission boundaries formulate our taxing area

  4. Transportation Investment Act of 2010 Overview • Eligible projects include: • Roads, Bridges and Transit projects • Projects funded by the tax are selected by Roundtables and Executive Committees consisting of local governments in collaboration with GDOT Director of Planning

  5. Transportation Investment Act of 2010 Overview • Final project list • Executive Committee in collaboration with the GDOT Director of Planning will develop the final project list from projects on the Draft Investment List • Final project list will be provided to each Roundtable • Roundtable can approve the final project list as submitted or amend with substitute projects from the Draft Investment List • A majority vote by the Roundtable is required for approval • Two public hearings on the final project list must be held prior to the final Roundtable meeting

  6. Columbus Proposed Projects • US 27/Custer Road Interchange • Buena Vista/I-185 Interchange • Columbus Marina • Columbus Airport Runway Extension • Intercity Express Bus System • South Lumpkin Trail System • St. Mary’s Road/I-185 Interchange

  7. Columbus Proposed Projects • Cusseta Road/I-185 Interchange • Buena Vista Road/Spider Web Improvements • US 27 (Veterans Parkway) from Turnberry/Muscogee to Gatlin/Harris • State 219 Passing Lanes (Luther Land Bridge to Happy Hollow Road) • Columbus Riverwalk (City Mills/Bibb Mills) • Rapid Rail – Columbus to Atlanta

  8. Transportation Investment Act of 2010 Overview • By Mid 2011 GDOT Director of Planning will develop a Draft Investment List : • Fiscally unconstrained by congressional districts • Projects must result in Public Benefits such as: • Congestion Mitigation • Increased Lane Capacity • Public Safety • Economic Development

  9. QUESTIONS?

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