HB 641 State Property Tax Transportation Funding (Transportation Funding Act of 2025)

About HB-641

Requiring the Governor, after consultation with the Secretary of Transportation, to submit each year to the Board of Public Works and the General Assembly a proposal for a State property tax to support transportation projects and programs; requiring, on or before February 15 each year, the Board of Public Works to approve, reject, or modify the proposed State property tax; imposing a State property tax at the rates and on the classes and subclasses of property that the Board of Public Works approves; etc.