Session Update: HB722 Would Increase Funding for Local Roads, Bridges by $108 Million

The House of Representatives has passed a significant measure to direct additional revenue to counties and municipalities and improve the state’s infrastructure.  House Bill 722 would ensure that 35 percent of the use tax collected by the Department of Revenue would be distributed for the repair, maintenance and reconstruction of roads, streets and bridges. I joined the bill as a cosponsor because it is important for local government to have additional resources to maintain local roads and bridges. HB722 also meets one of the Madison County Business League & Foundation’s top priorities: increasing the funds received by local communities based on sales originating there. The bill was passed by the House earlier in the Session, and this week was transmitted to the Senate.

Overall, this bill would mean that approximately $108 million would be returned to our local communities, and dedicated to improving the state’s infrastructure. The bill passed the House by a bipartisan vote of 118-0, and now awaits Senate consideration.

For the full article, visit the Madison County Business League & Foundation’s website.