HB 2758
Transportation; financing; Preserving and Advancing County Transportation Fund; apportionment; effective date; emergency.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill creates the Preserving and Advancing County Transportation Fund (PACT Fund) to allocate state funds for county road construction and maintenance. It specifies how funds from various taxes, primarily those related to oil and gas production, will be divided between county highway funds and county bridge reconstruction projects. The bill also amends existing legislation to adjust the apportionment of gross production tax proceeds to counties, with a focus on increasing per-mile highway ratios and prioritizing counties with lower ratios. An emergency declaration allows the bill to take effect immediately.
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