Innovative Financing Mechanismsfor Transportation

NCSL Southern StatesFiscal Leaders Meeting

September 23, 2016Kevin Pula, Policy Specialist – Transportation

Revenues Used by States for State Highways (2014)Source: FHWA 2014 Highway Statistics Series

U.S. Total

Bond

Proceeds

Motor Fuel

Taxes (State

only)

General Fund

Transfers

Federal Funds Local Funds

$30.7

Billion

$37.1

Billion

$9.6

Billion

$41.4

Billion

$3.2

Billion

Public-Private Partnerships

Alternative Procurement Method

Wide range of P3 models

Leverage Private Sector Expertise and Resources

Transfer of Risk

Not a Funding Source

Public-Private Partnership Laws

Public-Private Partnership Laws

NCSL and Public-Private Partnerships

2010 P3 Toolkit For Legislatures

2016 P3 Statute Analysis

Building Up: P3 Web Brief

NCSL Foundation Partnership on Multi-Sector P3s

Recently Enacted P3 LegislationState Summary

CA SB 562 (2015) Amends current state law to permit the City of Long Beach to utilize various P3 provisions for delivery of a Civic Center

FL SB 124, SB 126 & HB 7027

Expands school board’s ability to enter into P3s, alters the timeline requirements and adjusts unsolicited proposal process.

GA HB 59 (2015) Expands P3 authority to localities and for non-transportation projects, creates guideline committee, and establishes procedures for unsolicited proposals.

Guam Bill 277-33 Directs the Guam Economic Development Authority to pursue a P3 to revitalize the Guam Memorial Hospital.

KY HB 309 Established P3 authority of transportation and other sectors for state and local jurisdiction.

TN SB 2093 Expand the current limited authority for P3s to allow for a broad and comprehensive use of P3s for transportation facilities; excludes highways.

NH S 88 (2015) Establishes a committee to study the potential use of P3s for intermodal transportation.

VA HB 1886 (2015) Enhances the assurance of public interest in P3 agreements.

Tolling and Managed Lanes

•

•

•

•

•

•

•

•

•

•

NCSL Foundation Partnership on Multi-Sector P3s

Co-Chairs

Senator Scott Dibble (DFL-Minn.)

Representative Ed Soliday (R-Indiana)

Members

Representative Ryan Yamane (D-Hawaii)

Representative Andrew McLean (D-Maine)

Senator J. Stuart Adams (R-Utah)

Representative Jane E. Powdrell-Culbert (R-New

Mexico)

Representative Leslie Combs (D-Kentucky)

Delegate Chris Jones (R-Virginia)

Representative John Raney (R-Texas)

Eric Bugaile (Staff – Pennsylvania)

Private Partners

American Institute of Architects (AIA)

American Society of Civil Engineers (ASCE)

Corvias

Design-Build Institute of America (DBIA)

Dorsey & Whitney LLP

Philips

The Reason Foundation

Transurban

WSP | Parsons Brinckerhoff

Kevin Pula

NCSL Transportation Program

Direct line: 303-856-1373

kevin.pula@ncsl.org

Transportation ResourcesTransportation Topics

covered by NCSL

• Funding and Finance

• Traffic safety

• Distracted/Impaired Driving

• Autonomous Vehicles

• Public Transportation

• Bike/Ped Issues

• Access and Mobility

• Aviation

• Car/Ride Sharing

• And many more

For details about specific state bills, see NCSL's

online, searchable Transportation Funding and

Finance Legislation Database:

http://www.ncsl.org/default.aspx?TabId=25720

You can find databases for other transportation topics on our website: http://www.ncsl.org/research/transportation.aspx