Sunday, January 27, 2008

Important transportation funding report to be released...

Looks like the Joint Study Committee on Transportation funding report will be released Wed according to Rep. Steve Davis
Chairman Vance Smith of the House Transportation Committee has called a meeting for next Wed at 3pm. No agenda has been set but I am guessing that we can anticipate the findings and suggestions of the Joint Study Committee on Transportation Funding to be realeased at this meeting. The Speaker has suggested in the last couple of days that he is going to push for a solution this year. I am anxious to see the end result of the Study Committee as any solution they bring forward will include a multi-billion dollar tax increase. I hope there is several efficiency and consolidation bills that are also suggested. Rumors are flying to what we will be proposed including the actual elimination of the 7.5 cent set excise tax for motor fuel and replace it with an indexed tax. The other rumors are simply keeping what we have and adding the bills that were proposed last year: Statewide SPLOST Sales tax for transportation and Regional SPLOST. I am not sure what the Speaker is supporting at this point but judging by his comments to the press he is apparently in support of a referndum vote for November on whatever plan is brought forth.

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