Introduced
by
To no longer earmark $12 million in annual road tax money to the state “Transportation Economic Development Fund,” and instead use it for road building and repair projects. TEDF money is essentially a form of corporate subsidy in which the state pays for transportation infrastructure projects related to a particular new plant or development.
Referred to the Committee on Appropriations
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Amendment offered
by
To limit the proposed fund revision to just one year.
The amendment failed by voice vote
Passed in the House 70 to 40 (details)
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (S2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises the fund shifts for one year only, and updates certain funding distribution formulas to reflect new population figures.
The substitute passed by voice vote
Passed in the Senate 32 to 3 (details)
To halt the planned earmark in 2012 of $12 million worth of road tax money to the state “Transportation Economic Development Fund," and instead use it for road building and repair projects. TEDF money is essentially a form of corporate subsidy in which the state pays for transportation infrastructure projects related to a particular firm's plant or development.
