in North Dakota have approved a budget plan to pay for roadwork. It now moves
to Gov. John Hoeven for approval.
measure would raise the state’s tax on diesel and gasoline from 21 cents to 23
cents a gallon. It also includes a provision to increase motor vehicle
registration rates by $10.
Registration fee amounts depend on a vehicle’s age and weight.
plan is part of the state Transportation Department’s budget bill, one of the
last measures tackled as lawmakers wrapped up their work for the year. It
includes $953.6 million in total spending.
tax and fee increases are expected to raise $28.6 million for construction and
repairs of state highways over the next two years, and almost $9 million for
cities and counties, the Grand Forks Herald reported.
also limits use of grant-anticipated revenue vehicle bonds – commonly known as
GARVEE bonds – to pay for roadwork.
special class of bonds may be used only to finance the replacement of a bridge
across the Missouri River at Bismarck, and for continued four-lane construction
on U.S. 2.
The funding program allows the state to borrow money against
the federal transportation dollars that come each year to pay for construction.
The sale is based on the assumption that federal funding in future years would
pay off the bonds. This allows the state to get money needed for the project up
lawmakers voted 66-27 to approve the bill – SB2012 – about two hours after
senators voted 31-14 in favor of the bill.
and Senate negotiators had been going back and forth over the transportation
budget for about two weeks, looking for ways to raise enough state money to get
the maximum share of federal highway aid, the newspaper reported.
signed by the governor, the proposals would take effect July 1.