The city’s chamber of commerce is promoting a plan that would gradually raise the gasoline tax to 15 cents per gallon within five years as a way to boost revenue to the state’s Special Transportation Fund.
Under the proposal, the gas tax will start at 3 cents on July 1 and will steadily increase each year over the next five years. The MetroHartford Alliance projects a 3 cent gas tax will generate $45 million per year, with $225 million as the ultimate tally when the 15 cent rate kicks in.
The plan also calls for the establishment of electronic tolls in the next biennial budget for the 2010 and 2011 fiscal years.
“Our investors also acknowledge that the State’s Special Transportation Fund is woefully inadequate to address both the ‘state of good repair’ requirements for existing infrastructure and the expansion needed for the 21st Century transportation system required for Connecticut to compete successfully in the global economy,” the organizations’s Web site states.
