follow us:Google+FacebookLinkedInTwitterVimeoRSS Feeds

advertisement

Corbett signs $2.3B transportation bill

By

Back to Top Comments Print

Gov. Tom Corbett today signed a comprehensive transportation bill that will invest an additional $2.3 to $2.4 billion in roads, bridges and mass transit by the fifth year of the plan. The bill cleared the General Assembly last week,

“Today I put my signature on Pennsylvania’s passport for the future,” Corbett said. “Through bipartisan spirit and an agreement that crossed party lines it shows that Pennsylvania is a state in which moderation, careful thought and good faith still play a large role in how we govern. Pennsylvania is a state that puts progress ahead of party lines with a common goal of serving our citizens.’’

By the fifth year of the plan, the transportation package will invest an additional:

• $1.3 billion annually for state roads and bridges;

• $480 million to $495 million annually for public transportation;

• $237 million annually for local roads and bridges;

• $144 million annually in a multimodal fund;

• $30 million annually for dirt, gravel and low-volume roadways; and

• $86 million annually for Pennsylvania Turnpike expansion projects.

House Bill 1060 is similar to the former Senate Bill 1 in that it uncaps the oil company franchise tax over five years and increases vehicle registration and licensing fees to provide additional funding.

Jason Scott

Jason Scott

Jason Scott covers state government, real estate and construction, media and marketing, and Dauphin County. Have a tip or question for him? Email him at jasons@cpbj.com. Follow him on Twitter, @JScottJournal. Circle Jason Scott on .

advertisement
advertisement
  
  
advertisement
  
  
advertisement
Back to Top