Cure for Congestion?

At the top of the Texas Legislature agendais House Bill 3664, which would add $30 to passenger vehicle registration fees and $40 to $60 for commercial vehicles. Major metro Chambers of Commerce say this bill needs to pass or well be left idling on the interstate. Authored by Rep. Drew Darby of San Angelo, HB 3664 would provide needed revenue for sustainable funding of Texas'transportation infrastructure, according to the folks at the 35W Coalition. HB 3664 is expected to generate $700M annually for the state highway fund. It's expected that Rep. Darby will accept an amendment on the House floor that would dedicate a portion of the motor vehicle sales tax revenueto the state highway fund.

The bill is on the major state calendar for today. Tarrant Regional Transportation Coalition executive director Vic Suhm(right, with NTC prez/CEO Mabrie Jackson andNCTCOG director of transportation Michael Morris) says transportation infrastructure is failing to keep up with the states growth.Officials at the Austin Chamber of Commerce agree, noting long commute times are shrinking labor pools, and congested roadways are increasing the cost of getting goods and services to market. Vic says the legislature needs to tackle its goals soon, as the session ends May 31.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error

Inter Miami Stadium Subcontractors Sue Over Millions In Unpaid Work

Meet The Women Pushing Boundaries In UK Development

Apartment Operators Are Rethinking The Amenity Arms Race

'Ultra-Luxury' Inner Loop Office Tower Planned Near The Galleria

Despite Foreclosure Litigation, Kaufman Astoria Studios Is Bouncing Back

'Let's Just Get This Over With': Houston Multifamily Hopes For Capitulation

How Flash Is Turning Parking Into A Performance Asset For CRE Owners