Gov. Brian Sandoval signed a bill into law on Thursday, June 13, to allow the Clark County Commission to increase fuel tax rates later this year. The tax could eventually go statewide.
The county commission is expected to vote this fall to tie fuel tax rates to inflation each year for the next three years. If approved by two-thirds of the commissioners it is expected that the indexing in Clark County would raise about $25 million each year for roads.
The Regional Transportation Commission of Southern Nevada has indicated they would chip in about $31 million from the increased tax to help foot their portion of the tab to build the Boulder City bypass.
The bypass would connect U.S. 95 and the Boulder City bypass bridge. The total estimated cost of the project is estimated to be from $120 million to $150 million.
The tax method sought in Clark County is not unfamiliar to the state. Washoe County implemented the same funding method in 2009. The tax rate there is about 10 cents more than in Clark County.
In fall 2016, Clark County voters would decide whether to continue collecting the tax which is expected to increase about 3 cents per gallon each year.
During the same election, voters throughout the state would decide whether to take the taxing proposal statewide. The state’s 23-cent-per-gallon rate on gas and 27-cent rate on diesel have not changed since 1992.
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