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Jun 1, 2007

Funding Measure * USA - Nevada Assembly works on its own highway one

Proposal to divert taxes to pay for road projects

Carson City,Nev,USA -Associated Press, by AMANDA FEHD/Las Vegas Sun -May 30, 2007: -- The Nevada Assembly is putting together its own proposal to divert taxes to pay for road projects - and a plan to let voters decide how to raise money to meet the state's burgeoning transportation needs... The state is expected to be short $5 billion by 2015 on funds for road projects, partly due to high inflation rates on construction materials... Assembly Transportation Chairman Kelvin Atkinson, D-North Las Vegas, said Wednesday his plan will not involve new taxes or fees, and will be based solely on diverting existing taxes... Voters would be asked to choose among several options, which could include raising taxes paid by the trucking industry, and raising gaming taxes, Atkinson said... The Assembly Transportation Committee is scheduled Thursday to review AB595, a measure that would increase weight-and-distance taxes paid by the trucking industry to raise $1.4 billion to pay for road projects...

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