2016 House Bill 5705

Shift some road tax money from business subsidies to general road funding

Introduced in the House

May 26, 2016

Introduced by Rep. Triston Cole (R-105)

To not earmark $9.4 million in annual road tax money to the state “Transportation Economic Development Fund” next year, and instead use it for regular road projects. TEDF money is a type of corporate subsidy in which the state pays for access improvements related to a particular investor’s or developer’s plant or project..

Referred to the Committee on Transportation and Infrastructure