SECTION 1. Section 1 of Chapter 64A of the General Laws is hereby amended in subsection (l) by striking out “21 cents per gallon” and inserting “31 cents per gallon and shall be raised one cent per calendar quarter after July 1, 2009.”
SECTION 2. Chapter 64A is hereby amended by adding the following new section:
Section 14. Disposition of Gas Tax Monies Received
(1) All sums received from the excise imposed on gasoline shall be credited to the new Transportation Trust Fund and shall be credited to address the following needs:
a.eliminating the Central Artery/Tunnel debt that resides on the balance sheets of the Massachusetts Department of Transportation and Massachusetts Bay Transit Authority; or
b.preventing an increase in tolls on the Massachusetts Turnpike; or
c.Massachusetts Bay Transit Authority operating and capital needs to limit fare and parking increases to no more than 3 percent per year; or
d.Massachusetts Department of Transportation for road and bridge repair and maintenance; or
e.Massachusetts association of regional transit authorities
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