Sacramento, CA – Assemblymember Jim Frazier (D – Discovery Bay) led his colleagues last week in passing Senate Bill 1 and Assembly Constitutional Amendment 5 with the required two-thirds vote in both the Assembly and Senate. SB 1 now heads to the Governor for his approval and ACA 5 will head to the voters for their approval.
“Our roads are terrible, costing each person at least $760 in repairs, and the state was really just putting a Band-aid on a broken bone. After two years of discussions and negotiations, passing SB 1 today is a testament to efforts to build a remarkable and diverse coalition to improve our transportation system that truly benefits everyone.”
SB 1 will resolve the long-term shortfall in transportation funding by provide new funding to make necessary road safety improvements and repair local streets, freeways, bridges, and overpasses. New revenues will generate on average $5 billion per year to improve efficiencies and effectiveness of transportation maintenance throughout the state. Roughly $3 billion annually will be allocated to fix roads, half of which will be directly allocated for local needs. The remaining $2 billion is split among other transportation-related programs.
Revenue sources for SB 1 include a 12 cent per gallon gas excise tax, ending the annual Board of Equalization adjustment, a 20 cent diesel excise tax, a 4% diesel sales tax increase, a per vehicle transportation improvement fee of no more than $50 for 87% of vehicles, a $100 fee on zero emissions vehicles, and $100 million gained in Caltrans efficiencies.
To ensure that these new revenues are allocated as intended, Assemblymember Frazier authored Assembly Constitutional Amendment 5. ACA 5 locks up transportation-related revenues from vehicle fees for use only for transportation maintenance and improvements, and prohibits use toward paying principal and interest on state transportation general obligation bonds.
Assemblymember Frazier represents the 11th Assembly District, which includes the communities of Antioch, Bethel Island, Birds Landing, Brentwood, Byron, Collinsville, Discovery Bay, Fairfield, Isleton, Knightsen, Locke, Oakley, Pittsburg (partial), Rio Vista, Suisun City, Travis AFB, Vacaville and Walnut Grove.