1. Status of 2015 State P3 Legislation Jim Reed National Conference of State Legislatures

2. Context Great Recession State budget shortfalls since 2008, even still Declining gas tax revenues (less driving, electric and hybrid vehicles) Political reluctance to raise the gas tax, though changing Previous underinvestment in infrastructure Aging infrastructure Uncertainty of federal program, less federal funding going forward $100 B new federal funding needed: CBO

3. States are implementing new transportation revenues. In three years, 16 states have increased their fuel or sales taxes for transportation, 8 in 2015: Wyoming (2013), Virginia (2013), Maryland (2013), Massachusetts (2013), Pennsylvania (2013), Vermont (2013), New Hampshire (2014), Rhode Island (2014), Iowa ( Feb 2015), South Dakota (March 2015) Utah (March 2015), Idaho (April 2015), Georgia (May 2015), Nebraska (May 2015). Washington State (June 2015) and Michigan (July 2015, pending).

4. 33 States + DC, PR

5. 43 bills in 23 states

6. Selected failed 2015 Bills: – Alabama transportation P3 authorization – Arkansas P3 auth for transp and public facilities – Colorado public participation in HPTE – Florida, several, one abolishing P3 guidelines TF – Hawaii P3 authorization for public procurements – Kansas P3 auth for state infrastructure projects – Kentucky transportation P3 authorization – Minnesota P3 auth for public buildings – New Mexico P3 auth for public projects – North Carolina P3 for infrastructure development – Washington transportation P3 authorization

7. Forthcoming NCSL Effort on Multi-Sector Public-Private Partnerships

8. Contact: Jim Reed, NCSL 7700 East First Place Denver, Colorado 80230 Tel: 303-856-1510 www.ncsl.org jim.reed@ncsl.org http://www.ncsl.org/research/transportation/public-private- partnerships-for-transportation.aspx