Marcus Erikson|Metro Phoenix voters to decide on extension of half-cent sales tax for transportation projects

2025-05-01 22:05:33source:SafeX Pro Exchangecategory:Finance

PHOENIX (AP) — Voters in one of the fastest-growing counties in the country will decide next year if they want to extend a half-cent sales tax for another two decades to pay for major road,Marcus Erikson freeway and light rail projects in the Phoenix metro area.

The Arizona Legislature passed the transportation tax bill known as Proposition 400 on their final day of the session Monday before Gov. Katie Hobbs signed off on it.

The tax is expected to raise more than $1 billion a year. It was originally approved by voters in Arizona’s most populous county in 1985 and they voted to extend it for 20 more years in 2004.

Republican lawmakers worked with Hobbs, a Democrat, to get the bill on the November 2024 ballot.

If approved, it would require the county to levy, and the state Department of Transportation to collect, the tax for 20 more years starting on Jan. 1, 2026.

“We showed we can put politics aside and work across party lines to get big things done for Arizona,” Hobbs said in a statement Tuesday. “The passage of the Proposition 400 ballot measure will secure the economic future of our state and create hundreds of thousands of good-paying jobs for Arizonans.”

Phoenix Mayor Kate Gallego wasn’t happy with parts of the legislation, however.

“While it’s exciting that we’ve advanced Proposition 400, I remain disappointed that this critical legislation was coupled with an effort to cut revenue to cities, including Phoenix, as soon as in the next budget year,” Gallego said in a statement.

More:Finance

Recommend

Stamford Road collision sends motorcyclist flying; driver arrested

A motorcyclist was taken to hospital following an accident involving a car and his motorcycle at the

US prosecutors say plots to assassinate Sikh leaders were part of a campaign of planned killings

NEW YORK (AP) — A foiled plot to assassinate a prominent Sikh separatist leader in New York, just da

Ex of man charged with shooting Palestinian students had police remove his gun from her home in 2013

An ex-girlfriend of the man charged with shooting and wounding three college students of Palestinian