Pennsylvania Governor, Tom Corbett will sign into law today a significant piece of legislation to address the Commonwealth’s transportation needs. After much debate, the $2.3 billion transportation bill was passed 113-86 in the GOP-controlled House. It passed the Senate on a 43-7 vote on Wednesday.
The funding breakdown is $1.65 billion per year for highways and bridges, $476-$497 million per year for mass transit, and $144 million per year to a new multimodal transportation fund. The funding for the bill is provided by an increase in the tax rate on wholesale gasoline purchases, an increase in vehicle registration fees, and an increase in driver’s license fees.