Lawmakers Consider Using Trust Fund for Transportation Projects

Lawmakers in Alabama are considering a plan to withdraw $1 billion from a state investment fund to pay for road and transportation projects in the state. It's a move proponents say will create jobs, but opponents worry about diverting those funds.

"[T]he plan, Senate Bill 121, would generate thousands of jobs without raising taxes and pay for improving roads and bridges across the state, aiding safety and boosting commerce. 'Every citizen benefits from this bill,' Sen. Lowell Barron said.

But Sen. Del Marsh, R-Anniston, said Republicans likely would ask lots of questions, especially on the wisdom of taking money from an investment account that generates earnings to support Medicaid, prisons, public health and other non-education state services."

If approved, the plan will ask voters in November to approve 10 annual deductions of $100 million from the Alabama Trust Fund.

Full Story: Alabama Senate weighs $1 billion for roads

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!

NEW! Get the "Green Bible"

Understand the complexities of planning at the local level while preparing for the AICP* exam. Find out why this edition is included in the APA's recommended reading list.
$105
Book cover of Insider's Guide to Careers in Urban Planning

So you want to be a planner...

Check out our behind the scenes look at 25 careers in the Urban Planning field
Starting at $14.95