S.B. No. 2722 introduces new regulations regarding the use of toll revenues and charges imposed by counties with populations of four million or more. The bill stipulates that these counties can only use the revenues collected from tolls for specific purposes, including operating, maintaining, and expanding projects, retiring related debt, and financing project costs. Additionally, it mandates that a portion of the remaining revenues be allocated to municipalities for law enforcement and emergency services during toll project incidents, while the rest must be used for county road maintenance. An independent auditor will review compliance with these requirements, and any violations may result in civil penalties.
The bill also imposes restrictions on counties that incur civil penalties, preventing them from adopting a tax rate exceeding their no-new-revenue or voter-approval tax rate in the following tax year. Civil penalties collected will be directed to the state highway fund for transportation purposes. The provisions of this act will take effect on September 1, 2025.
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