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reduces congestion impacts for employees, and protects property values in the state.
(i) The federal government estimates that increased spending on infrastructure creates more than 13,000 jobs per $1 billion spent.
(j) Well-maintained roads benefit all users, not just drivers, as roads are used for all modes of transport, whether motor vehicles, transit, bicycles, or pedestrians.
(k) Well-maintained roads additionally provide significant health benefits and prevent injuries and death due to crashes caused by poorly maintained infrastructure.
(l) A comprehensive, reasonable transportation funding package will do all of the following:
(1) Ensure these transportation needs are addressed.
(2) Fairly distribute the economic impact of increased funding.
(3) Restore the gas tax rate previously reduced by the State Board of Equalization pursuant to the gas tax swap.
(4) Direct increased revenue to the state’s highest transportation needs.
(m) This act presents a balance of new revenues and reasonable reforms to ensure efficiency, accountability, and performance from each dollar invested to improve California’s transportation system. The revenues designated in this act are intended to address both state and local transportation infrastructure needs as follows:
(1) The revenues estimated to be available for allocation under the act to local agencies are estimated over the next 10 years to be as follows:
(A) Fifteen billion dollars ($15,000,000,000) to local street and road maintenance.
(B) Seven billion five hundred million dollars ($7,500,000,000) for transit operations and capital.
(C) Two billion dollars ($2,000,000,000) for the local partnership program.
(D) One billion dollars ($1,000,000,000) for the Active Transportation Program.
(E) Eight hundred twenty-five million dollars ($825,000,000) for the regional share of the State Transportation Improvement Program.
(F) Two hundred fifty million dollars ($250,000,000) for local planning grants.
(2) The revenues estimated to be available for allocation under the act to the state are estimated over the next 10 years to be as follows:
(A) Fifteen billion dollars ($15,000,000,000) for state highway maintenance and rehabilitation.
(B) Four billion dollars ($4,000,000,000) for highway bridge and culvert maintenance and rehabilitation.
(C) Three billion dollars ($3,000,000,000) for high priority freight corridors.
(D) Two billion five hundred million dollars ($2,500,000,000) for congested corridor relief.
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