Introduced by Sen. Roger Kahn (R) on July 16, 2014
To not earmark $12 million in annual road tax money to the state “Transportation Economic Development Fund” in fiscal year 2013-2014, and instead use it for regular road building and repair projects. TEDF money is essentially a form of corporate subsidy in which the state pays for transportation infrastructure projects related to a particular investor’s or developer’s new plant or project. Official Text and Analysis.
Referred to the Senate Appropriations Committee on July 16, 2014