Repeals termination date of New Orleans Ferry Fund. (gov sig) (EGF SEE FISC NOTE SD RV See Note)
Impact
The removal of the termination date for the New Orleans Ferry Fund is expected to have positive implications for state laws governing transportation funding. The bill ensures that funds collected from registration, license fees, and taxes in Orleans Parish will continue to be allocated for ferry operations. This change is aimed at enhancing public transportation infrastructure, which is especially crucial for the communities relying on ferry services for their everyday commutes and for accessing key areas of New Orleans. The continuity of this funding could lead to improved service reliability and operational maintenance of the ferry services.
Summary
Senate Bill 460, introduced by Senator Carter, aims to repeal the termination date of the New Orleans Ferry Fund, which is a special fund within the state treasury established for the operations of ferry services in New Orleans. Originally set to terminate on June 30, 2018, this legislation seeks to ensure the continued financial support for the Chalmette ferry and other related operations that were previously managed by the Crescent City Connection Division. By removing the termination date, the bill provides long-term funding stability to these essential ferry services, which are vital for public transportation in the Greater New Orleans area.
Sentiment
The sentiment surrounding SB 460 reflects a general sense of approval among legislators and community members who support the enhancement of public transportation options. While the specific legislation did not encounter significant vocal opposition, some concerns may arise regarding long-term funding allocations for regional services versus broader state transportation needs. The collective view leans towards maintaining essential transportation services, especially in a city like New Orleans, where ferries play a significant role in the local transit network.
Contention
A notable point of contention might emerge from discussions about budget priorities within the state treasury. While the bill focuses on preserving ferry operations funding, some legislators may argue that such designation of funds could limit financial flexibility for other pressing state infrastructure projects. The debate could center on whether the funneling of funds to the ferry operations at risk of neglecting investment into broader or alternative transportation projects that could also benefit the state economically and socially.
Repeals the termination date on the New Orleans Ferry Fund and dedicates a portion of the truck and trailer fees collected in Jefferson Parish into the Jefferson Parish Maintenance and Improvement Fund (Item #10) (OR SEE FISC NOTE SD RV)
Changes the dedication of a portion of the truck and trailer fees collected in certain parishes and creates the Regional Maintenance and Improvement Fund (OR SEE FISC NOTE SD EX)