Welcome to Transportation Thursday
The committee should be launching in a few minutes. An omnibus motion has been circulated with co-chair Sen. Russ Decker's name on top covering papers 761-788, covering every paper on the agenda today.
A second omnibus motion from co-chair Rep. Kitty Rhoades is also distributed covering budget paper 761-767.
The Republican alternative on budget paper 761 would adopt alternative 5, which would delete the governor's oil company assessment. Transportation revenues would be reduced by $116.6 million in 2007-08 and $158.3 million in 2008-09 to reflect the deletion.
In the Dem alternative on budget paper 762, the motion calls for adoption of alternative A2, which would extend all current law exemptions to the motor vehicle fuel tax to the proposed oil company assessment in order to reflect the governor's modified recommendation for the types of uses subject to the assessment. Also, adopt alternative C1, which would decrease estimated transportation fund revenues by $300,000 in 2007-08 and $400,000 in 2008-09 to reflect a reestimate of oil company assessment revenue due to provisions.
Rhoades' GOP proposal is taken up first.
Labels: Oil_Franchise_Fee, Transportation
