STATEMENT OF PURPOSE
RS28899 / H0362
This legislation increases the sales tax distribution to transportation from 1% to 4.5%. It dedicates eighty
million dollars ($80,000,000) of those funds annually to the Idaho Transportation Department (“ITD”) for large
infrastructure projects on the state highway system. The excess of eighty million dollars ($80,000,000), if any,
is dedicated to local units of government for roads and bridges as sales tax revenues increase. This legislation
also partially addresses the long term transportation needs on the state and local transportation systems. The
ITD amount allows for approximately one billion six hundred million dollars ($1,600,000,000) in bonding
capacity over a twenty-year period. With respect to the local amounts, as the Idaho economy grows, the need
for additional infrastructure investment on the local system will continue to grow with it.
FISCAL NOTE
The sales tax distribution to transportation increases from 1% to 4.5%. These changes would allocate no
less than eighty million dollars ($80,000,000) to the state TECM account. For FY 2022, the total anticipated
distribution is eighty-four million dollars ($84,000,000).
Contact:
Representative Joe A. Palmer
(208) 332-1000
Sen. Lori Den Hartog
(208) 332-1332
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN INTRODUCED: 04/06/2021, 2:23 PM


Statutes affected:
Bill Text: 63-3638