summary
Introduced
02/05/2026
02/05/2026
In Committee
02/17/2026
02/17/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Motor Fuel Tax Law. Provides that the monthly amount transferred from the Motor Fuel Tax Fund to the Grade Crossing Protection Fund shall be increased in each fiscal year by the percentage increase, if any, in the Consumer Price Index for All Urban Consumers for the most recent 12-month period for which data is available on July 1 of the fiscal year for which the monthly grade crossing protection amount is calculated. Effective immediately.
AI Summary
This bill amends the Motor Fuel Tax Law to adjust the monthly amount transferred from the Motor Fuel Tax Fund to the Grade Crossing Protection Fund, which is used for projects like improving railroad crossings. Specifically, starting in fiscal years beginning on or after July 1, 2026, the amount transferred each month will increase annually by the percentage that the Consumer Price Index for All Urban Consumers (CPI-U) rose over the preceding 12 months, as measured on July 1 of that year. This means the funding for grade crossing protection will be adjusted for inflation, ensuring its value is maintained over time, with a guarantee that the amount will never decrease from the previous year.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Assigned to Revenue (on 02/17/2026)
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