Introduced
by
The FY 2002-2003 executive recommendation for the Transportation budget. This would appropriate $3.166 billion in adjusted gross spending (funded from all sources, including special state restricted funds, primarily those funded by user fees such as fuel taxes and license fees, and federal pass-through dollars, minus interdepartmental transfers), compared to the current year's $3.109 billion, which was the FY 2001-2002 amount enacted in 2001, excluding any supplemental appropriations. The budget also transfers $48 million in gas tax revenue to the Departments of State and Treasury. It includes $32.6 million from a proposed four-cent diesel fuel tax hike to a new Commercial Highway Fund intended to fund improvements to truck route, and FY 2001-2002 supplemental spending of $3.2 million to subsidize inter-city commercial bus routes which had been cut in the November, 2001 budget-balancing executive order.
Referred to the Committee on Appropriations
