Launched a historic investment in transportation. Governor Leavitt joined with members
of the Legislature and local government leaders to sign seven bills that will give the state
an estimated $2.6 billion dollars for transportation over the next ten years. "This is a
powerful expression of optimism about our future. We are investing in the future,"
Leavitt said. "We will drive on these roads, our children will drive on these roads and
their children will drive on these roads." Among other things these bills:
- Increase the gas tax 5 cents per gallon and lower the sales tax 1/8 cent starting on
July 1. Vehicle registration fees will also be raised $10 starting July 1.
- Exempt road bonds from the self-imposed debt limit and authorize borrowing for
highways for up to $600 million.
- Divert a 1/64 percent share of the current state sales tax earmarked for Olympic
construction to highways, beginning in 2000.
- Redirect a ½ cent gas tax to highways that has been charged for cleaning up
leaking under ground storage tanks.
- Alter the diesel-tax collection method to raise an extra $10 million annually.
- Crack down on Utahns who register their vehicles in other states to avoid taxes.
- Restructure the funding formula for B and C roads to give paved roads a larger
allocation of B and C road funds.
B and C roads will also benefit greatly from the increase in the gas tax. It is estimated
that cities and counties will share an additional $210 million during the next ten years.
Complete listing of bills signed by the governor