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Wednesday, February 23, 2011

Lockdown For Transportation Trust Fund Examined, Questioned

A constitutional amendment that would lock down the money in the transportation trust fund was supported by lawmakers, local officials, business people and petroleum lobbyists – but financial analysts and some delegates questioned why such a measure is needed. The bill, proposed in the House by Del. Susan Krebs, was debated in front of the House Appropriations Committee on Tuesday afternoon. Krebs, a Carroll County Republican, said that there are myriad transportation needs in the state, and not always enough money to make them happen. Proceeds of the transportation trust fund, which was created in 1971, are meant to be spent solely on transit needs.

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