The bill amends Section 63-3638 of the Idaho Code to create a new distribution framework for sales tax revenues, specifically allocating 4.5% of collected revenues to the Transportation Expansion and Congestion Mitigation Fund and local units of government for highway projects. This allocation is set to ensure a minimum of $80 million and a maximum of $140 million, aimed at enhancing transportation infrastructure and addressing congestion issues in the state. Additionally, the bill revises Section 40-720 to improve the financial resources available for local highway projects, reflecting an urgent need to address transportation demands.

Furthermore, the bill establishes a structured allocation of $145 million for the fiscal year 2025-2026, with $100 million designated for the transportation expansion fund and $45 million for local government highway projects. It outlines increased funding for subsequent years, with $165 million for 2026-2027 and $185 million for each year thereafter, while removing the previous $80 million cap on local project funding. The revised provisions require that funds for local units be specifically used for road and bridge maintenance, travel lane expansion, and congestion mitigation, emphasizing project selection based on their potential to improve traffic flow. An emergency clause is included, allowing for immediate implementation upon passage.

Statutes affected:
Bill Text: 63-3638, 40-720