2015 House Bill 4370 ↩
Senate Roll Call 478:
Passed
To earmark $600 million in state income tax revenue to road repairs starting in 2020, and smaller amounts starting in 2018. This would potentially reduce the rate of increase in other state spending. Also, to expand a "homestead property tax credit" that homeowners and renters can claim on their state income tax by raising property value and household income caps that limit eligibility, and index these amounts to inflation. The tax credit provision is intended to offset around $200 million of the $600 million of gas tax and vehicle registration tax hikes approved by the legislature.