For Bill Information, please click HERE.   Official Text and Analysis.

Prohibits the use of funds in the Connecting Washington Account or any other revenue source generated from this act to be used for the state route 99 Alaskan Way viaduct replacement project. Clarifies that the property tax that Sound Transit is authorized to impose with voter approval may be pledged to the repayment of bonds. Expands the existing Complete Streets grant program to include projects on county roads as well as city streets.

Extends the sales tax deferral on the Tacoma Narrowsbridge project until December 31, 2031.

Requires that at least 10.4 million dollars of federaltransportation funds are dedicated to the safe routes to schoolprogram each fiscal biennium. Half the federal funds must come fromthe transportation alternatives program and half from the highwaysafety improvement program, or equivalent federal funding programs.Additionally, at least 6.8 million dollars from the highway safetyfund must be dedicated to the safe routes to school program eachfiscal biennium.

Adds a referendum clause. Removes the emergency clause onthe fuel tax increase of five cents per gallon that would go intoeffect on July 1, 2015, and makes it effective January 1, 2016.

Removes the provision that Sound Transit must use thedepreciation schedule that is currently used for the motor vehicleexcise tax that is collected in the Sound Transit District. Modifiesthe base value and depreciation schedules upon which a vehicle'svalue is based when calculating a motor vehicle excise tax.

Modifies the definition of "low-income" that a transportation benefit district uses to determine eligibility for rebates of taxes, fees, and tolls from at or below 45 percent of the median household income to 75 percent of the median household income.

Increases the tax rates that Sound Transit may imposewith voter approval as follows:(1) The motor vehicle excise tax rate from 0.3 percent to 0.8percent; and(2) The property tax levy from $0.10 per one thousand dollars ofassessed value to $0.25 per one thousand dollars of assessed value.

Clarifies the property tax priority for prorationing inthe event the one percent limit is reached in any taxing districtwithin the Sound Transit boundary. Does not allow Sound Transit to contract with the state for thecollection of the property tax. Clarifies the date on which property taxes and sales and usetaxes would go into effect in annexed areas.

Removes all reference to a low carbon fuel standard typeprogram, including the change in distributions to fees that arecreated or increased under this act from the multimodaltransportation account and the highway safety fund to the connectingWashington account. Removes all the requirements that certain policybills take effect in order for various sections of this act to takeeffect.

Establishes 2015-2017 transportation budget.

Changes the increases to the fuel tax to seven centsper gallon on August 1, 2015, and 4.9 cents per gallon on July 1,2016. Nonhighway refunds are adjusted to account for the change infuel tax rates.(2) Increases the additive weight fee that begins on July 1,2022, from $8 to $10.(3) Modifies the change in distribution to certain accounts thatwould be triggered by implementation of a clean fuel standard toapply only until July 1, 2023.(4) Modifies local transportation fund options.

Redirects the sales and use tax offset fee paid by a regional transit authority from the general fund to the Puget Sound taxpayer accountability account.

Removes the emergency clause from the act and replaces it with a referendum clause, which requires the act to be placed on the ballot at the next general election.

Provides a contingency that the act takes effect only if the related bond bill (Engrossed Substitute Senate Bill No. 5989) is enacted by July 31, 2015.

Increases motor fuel taxes by 7 cents in the first year and 4.9 cents in the second year. Increases the current off-road vehicle, snowmobile, and marine motor fuel tax refunds by corresponding amounts. Distributes the increased fuel tax revenue and various fees to the new Connecting Washington Account in the Motor Vehicle Fund, with certain other fees transferred to the account if a low carbon fuel standard is adopted.