- FRC Brief 208 Version
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- June 25, 2010 Create Date
- February 12, 2020 Last Updated
FRC Brief 208, June 25, 2010, David L. Sjoquist
This brief provides regional revenue estimates of the 1% sales tax for transportation, as specified in NB 277, "The Transportation Investment Act of 2010."
HB 277, the “Transportation Investment Act of 2010”, allows for the areas that comprise the 12 Regional Commissions to adopt a one percent sales tax. (The counties that comprise each of the 12 Regional Commissions are shown below.) The proceeds of the sales tax are to be used for transportation purposes within the Regional Commission district. Estimates of the revenue that would be generated over the 10-year life of the sales tax are likely to be available in late summer or early fall.
ABOUT THE AUTHOR
David L. Sjoquist is Professor of Economics, holder of the Dan E. Sweat Distinguished Scholar Chair in Educational and Community Policy, and Director of the Fiscal Research Center of the Andrew Young School of Policy Studies at Georgia State University. He has published widely on topics related to state and local public finance and urban economics. He holds a Ph.D from the University of Minnesota.