Economic Impact of HB170 (Gasoline Tax) Funded Highway Improvement Projects

Summary

The Center for Agribusiness collaborated with the Carl Vinson Institute for Government to conduct an economic impact assessment of Georgia Department of Transportation highway improvement projects funded through House Bill 170 (Gasoline Tax) proceeds at the request of the Georgia House of Representatives’ Transportation Committee Chairman.

Situation

House Bill 170 was enacted in 2015 to provide additional revenue for funding highway improvement projects in the state. By 2018, the new law had been in place for a sufficient amount of time so as to allow for an economic impact study of projects completed utilizing revenues generated by the Bill.

Response

A study, led by the Institute for Government, in collaboration with faculty from the CAED, examined the economic impact of spending on highway improvement projects completed under the revised tax structure. The study looked at the impact to Georgia’s economy from spending on both labor and construction materials used to complete the project as well as the socio-economic benefits derived from reducing traffic congestion and air pollution, as well as improving commerce, commute times, and labor mobility.

Impact

Results of the study are currently under review and are not available for publication. This impact statement will be revised to reflect the final results of the study after it is finalized and made available to the public.

State Issue

Other Programming

Details

• Year: 2018
• Geographic Scope: State
• County: Clarke
• Program Areas:
  • Support