MD Blue Ribbon Commission Calls for $800 Million in New Funds
February 20, 2011 |
Task Force Issues Call to “Restore Trust” in Transportation Trust Fund
This week Maryland Governor Martin O’Malley’s Blue Ribbon Commission on Transportation Funding issued a strongly worded report to the Maryland General Assembly, highlighting the urgent need for additional funds. View the full report here.
Included in the Appendices are several interesting charts and data tables, including one listing the nearly $1 billion that has been diverted from the Transportation Trust Fund and not paid back (mainly from the localities’ Highway User Fund accounts), and a menu of options for legislators to consider in coming up with the $800 million that is needed.
The Task Force is also asking legislators to maintain the current portions of both the sales tax and corporate income tax that are currently dedicated to the Transportation Trust Fund.