A Maryland commission will be offering a recommendation to increase the state’s gas taxes, raise vehicle registration fees, and employ a catalog of new tax hikes to augment roughly $870 million a year in new transportation revenue. Members of the Blue Ribbon Commission on Maryland Transportation Funding settled on a 15-cents-a-gallon tax hike over three consecutive years, which if approved, would inflate the current 23.5-cents-a-gallon tax to 38.5 cents. Maryland officials plead that the state needs $12 billion to fulfill its transportation needs, and they are predicting a $1 billion shortfall in fiscal 2013.
The commission will make their recommendation to the Democrat-led General Assembly and Gov. Martin O’Malley (D) next month. "I think this is a really balanced and reasonable approach," said Gus Bauman, the commission’s chairman. "It gives the governor and the General Assembly something to start debating."
Mr. Bauman said the assembly will make a formal endorsement of the plan at its next meeting in late October. "We all knew this day was going to come, and we’re going to have to make tough decisions," said Bauman, referencing the group’s onerous charge to rescue the state’s exhausted Transportation Trust Fund.
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Photo: Maryland's State House, Annapolis