LCO No. 7315 1 of 5 General Assembly Raised Bill No. 1142 January Session, 2019 LCO No. 7315 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: (FIN) AN ACT CONCERNING ST RATEGIC TRANSPORTATION PLANN ING AND THE FINANCING THEREOF. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (NEW) (Effective from passage) (a) There is established a 1 Strategic Transportation Planning Commission, which shall consist of 2 the following members: (1) The Commissioner of Transportation; (2) 3 the Commissioner of Economic and Community Development; and (3) 4 seven appointed by the Governor, two of whom have expertise in tax 5 policy and economic development and five of whom have expertise in 6 transportation systems and such systems' relationship to economic 7 growth and quality of life in the state. The commission shall define the 8 overarching goals that shall guide state investment in transportation, 9 the financing thereof and related decision-making. Not later than 10 January 17, 2020, the commission shall submit a report and fully 11 drafted proposed legislation to implement the commission's 12 recommendations included in the report. 13 (b) In writing the report, the commission shall consider and 14 Raised Bill No. 1142 LCO No. 7315 2 of 5 undertake the following: 15 (1) Review the Massachusetts Department of Transportation and 16 Massachusetts Bay Transportation Authority Capital Investment Plan, 17 Fiscal Years 2017-2021, and seek input and advice from said 18 department and authority in the development of the report; 19 (2) Hold at least two public hearings to seek input from residents, 20 business owners and other stakeholders in the state's transportation 21 system; 22 (3) Emphasize proactive decision-making and planning and develop 23 a transportation strategy that focuses on continuous preventive 24 maintenance of the state's transportation infrastructure; 25 (4) Seek to minimize the state's long-term transportation costs and 26 expenditures and recommend procedures to analyze the state's total 27 projected transportation costs over a continuous period of not less than 28 thirty years; and 29 (5) Consider how well the state's current and proposed future 30 transportation network suits the overall geography of the state and the 31 economic potential of the state's proximity to the Boston and New 32 York City metropolitan areas. 33 (c) The report shall include, but not be limited to: 34 (1) (A) An assessment of the state's transportation assets currently in 35 a state of good repair and the estimated total cost and cost-per-mile, 36 categorized by asset type, of maintaining such assets in a state of good 37 repair for a period of not less than thirty years. Each asset type shall 38 include an assessment of the extent to which ongoing maintenance is 39 being conducted by the Department of Transportation; 40 (B) A plan to implement, maintain and finance reliability and 41 ongoing maintenance of such assets in a sustainable manner for a 42 period of not less than thirty years, including all associated expenses 43 Raised Bill No. 1142 LCO No. 7315 3 of 5 and projected debt service costs; 44 (2) (A) An assessment of the state's transportation assets currently at 45 high risk of potential failure and the estimated total cost and cost-per-46 mile, categorized by asset type, to return such assets to a state of good 47 repair. Each asset type shall include a plan that prioritizes the 48 transportation assets most urgently in need of repair and sets forth a 49 schedule to implement emergency repairs on such assets over a period 50 of not less than ten years and includes all associated expenses and 51 projected debt service costs; 52 (B) A plan to implement, maintain and finance reliability and 53 ongoing maintenance of such assets in a sustainable manner after 54 emergency repairs have been completed for a period of not less than 55 thirty years, including all associated expenses and projected debt 56 service costs; 57 (3) (A) An assessment of all other state transportation assets not 58 included in subdivision (1) or (2) of this subsection and the estimated 59 total cost and cost-per-mile, categorized by asset type, of maintaining 60 in or returning such assets to a state of good repair for a period of not 61 less than thirty years; 62 (B) A plan to implement, maintain and finance reliability and 63 ongoing maintenance of such assets in a sustainable manner for a 64 period of not less than thirty years, including all associated expenses 65 and projected debt service costs; 66 (4) (A) A targeted list of recommended strategic expansions, 67 additions or other improvements to the state's transportation 68 infrastructure, with prioritization given to projects that will grow and 69 improve the state's economy and quality of life. Each recommended 70 project shall include the estimated total cost and cost-per-mile, 71 estimated costs of maintaining and financing reliability for such project 72 and all associated expenses and projected debt service costs; 73 Raised Bill No. 1142 LCO No. 7315 4 of 5 (B) A plan prioritizing by projected impact on the state's economy 74 and growth the projects recommended under subparagraph (A) of this 75 subdivision. Such plan shall set forth a list of projects recommended to 76 begin construction (i) during the 2021 to 2025 fiscal years, inclusive, (ii) 77 during the five fiscal years following, and (iii) during the fiscal years 78 thereafter; and 79 (5) (A) A comprehensive plan for sustainable funding for the 80 projects recommended pursuant to subdivisions (1) to (4), inclusive, of 81 this subsection. The plan shall take into consideration (i) the state's 82 current transportation revenues, (ii) other current state revenues the 83 commission recommends be rededicated to fund transportation, (iii) 84 new revenues generated through adjustments to existing tax rates or 85 tax structures or new taxes, fees or user fees. If proposing a new tax, 86 fee or user fee, the commission shall specify in detail how such 87 proposed tax, fee or user fee will be structured and implemented, the 88 method of collection, the applicable rate and the projected revenue 89 over a period of not less than ten years after the implementation of 90 such tax, fee or user fee, and (iv) all planned debt issuances or other 91 forms of financing, including bond authorizations or private-public 92 financing options, and including projected annual debt service costs or 93 equivalent and projected annual debt service costs or equivalent over 94 the life of the financing period. Such forms of financing may include 95 reprioritization, reduction, cancellation or elimination of current or 96 future bond authorizations that are unrelated to state transportation 97 projects, provided any such recommendation include the specific items 98 to be reprioritized, reduced, cancelled or eliminated; 99 (B) In considering ways to achieve sustainable funding under 100 subparagraph (A) of this subdivision, the commission shall weigh the 101 impact on state taxpayers of any funding mechanism proposed against 102 the economic and quality of life benefits projected to result from 103 funded transportation improvements. The report shall include the 104 findings of such consideration. 105 Raised Bill No. 1142 LCO No. 7315 5 of 5 (d) (1) The commission shall submit the report and proposed 106 legislation under subsection (a) of this section to the joint standing 107 committees of the General Assembly having cognizance of matters 108 relating to transportation and finance, revenue and bonding. The 109 report and proposed legislation shall include prescriptive, actionable 110 measures to be taken to implement the commission's 111 recommendations for the 2021 to 2025 fiscal years, inclusive, and shall 112 include plans and projections for the fiscal year following. 113 (2) Said committees shall hold a joint public hearing on the report 114 not later than March 5, 2020. 115 (e) The commission shall continue to meet after it submits its report 116 and proposed legislation and shall issue a report not less than 117 biennially, evaluating the state's progress on implementation of the 118 initial report and plans included therein and making additional 119 recommendations for updates to the state's transportation policy and 120 plans. 121 This act shall take effect as follows and shall amend the following sections: Section 1 from passage New section Statement of Purpose: To establish a Strategic Transportation Planning Commission to guide state investment in transportation. [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]