status of 2015 state p3 legislation jim reed national conference of state legislatures
TRANSCRIPT
Status of 2015 State P3 Legislation
Jim ReedNational Conference of State
Legislatures
Context• Great Recession• State budget shortfalls since 2008, even still• Declining gas tax revenues (less driving, electric and hybrid
vehicles)• Political reluctance to raise the gas tax, though changing• Previous underinvestment in infrastructure • Aging infrastructure• Uncertainty of federal program, less federal funding going
forward• $100 B new federal funding needed: CBO
• States are implementing new transportation revenues.• In three years, 16 states have increased their fuel or
sales taxes for transportation, 8 in 2015:• Wyoming (2013), Virginia (2013), Maryland (2013) ,
Massachusetts (2013), Pennsylvania (2013), Vermont (2013), New Hampshire (2014), Rhode Island (2014), Iowa ( Feb 2015), South Dakota (March 2015) Utah (March 2015), Idaho (April 2015), Georgia (May 2015), Nebraska (May 2015). Washington State (June 2015) and Michigan (July 2015, pending).
33 States + DC, PR
ND
AS PRGU VIMP
VTNH
RI
CT
NJ
DE
MD
DC
MA
WA
CA
HI
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL INOH
KY
TN
MS AL GA
FL
SC
NC
VA
PA
NY
ME
MI
AK
WV
ND
Public Private Partnerships2015 Legislation
LEGEND
Introduced Legislation
Enacted Legislation
43 bills in 23 states
• Selected failed 2015 Bills:– Alabama transportation P3 authorization– Arkansas P3 auth for transp and public facilities– Colorado public participation in HPTE– Florida, several, one abolishing P3 guidelines TF– Hawaii P3 authorization for public procurements– Kansas P3 auth for state infrastructure projects– Kentucky transportation P3 authorization– Minnesota P3 auth for public buildings– New Mexico P3 auth for public projects– North Carolina P3 for infrastructure development– Washington transportation P3 authorization
Forthcoming NCSL Effort on Multi-Sector Public-Private Partnerships
Contact:Jim Reed, NCSL7700 East First PlaceDenver, Colorado 80230Tel: [email protected]
http://www.ncsl.org/research/transportation/public-private-partnerships-for-transportation.aspx