Wednesday, February 08, 2012
Chamber Supports TTF Protection Act
Maryland Chamber Vice President of Government Affairs Allyson Black urged the House Appropriations Committee to support legislation that would propose a constitutional amendment to restrict transfers from Maryland’s Transportation Trust Fund (TTF) for non-transportation purposes.
“Investing in our transportation infrastructure will create jobs and help keep Maryland competitive, but we have to ensure the integrity of the TTF,” Black said. “The Maryland Chamber strongly supports the establishment of a secure firewall to protect Maryland’s transportation dollars.”
The bill, HB 146, sponsored by Del. Susan Krebs (R-Dist. 9B) and 38 others, would place constitutional restrictions on transfers from the TTF and use of TTF monies. It would require TTF funds to only be used for construction and maintenance of an adequate highway system or other transportation-related purpose and to pay principal and interest on transportation bonds.
The Chamber’s Transportation Coalition will be reviewing more bills this week, including additional bills to protect Maryland’s transportation dollars. For more information, contact Allyson Black at .(JavaScript must be enabled to view this email address).
