<http://www.legis.ga.gov/legislation/en-US/Display/20152016/HB/170>
It reeks of corporate welfare. There's not even a project
list for us to see - where's the accountability? The GDOT has a history of
bookkeeping mismanagement - how can we trust them?
Georgia's Constitution requires that all gas taxes be used
for roads, but this bill attempts to redefine "transportation
purposes" to include "public transit, rails, airports, buses,
seaports, and all accompanying infrastructure and services necessary to provide
access to these transportation facilities." Talk about expansion of big
government! In Georgia, public transit is not financially viable - MARTA stays
bankrupt. Public transit is a black hole for taxpayers - period. Seaports and
rail are privately held business ventures.
Here's where the cronyism comes into play:
Even though 9 of 12 regions rejected the onerous T-SPLOST
tax two years ago, the law still provides for a Georgia Transportation
Infrastructure Bank to facilitate Public/Private/Partnerships [read: Corporate
Cronyism].
The terrible T-SPLOST law of 2012 was conceived and heavily
promoted by the Chambers of Commerce. Large corporations that would profit from
the projects, donated millions to promote the passage of the T-SPLOST tax
referendum. But the Tea Party-led opposition foiled their plans.
So, in 2014, the Georgia legislature created The Joint Study
Committee on Critical Transportation Infrastructure Funding. Of the 16 members
on the Committee, three are Chamber of Commerce officials.
One highlight of their plan includes "Recapitalize the
Georgia Transportation Infrastructure Bank so that a revolving,
self-sustaining, loan/grant fund is created to incentivize governments,
authorities, CIDs and other entities to provide matching funds for local
construction of projects."[emphasis added]
"Other entities" would be those
Public/Private/Partnerships with large corporations that get those juicy no-bid
contracts and loans through the Infrastructure Bank. Taxpayers get stuck with
any losses, while the private corporations get the profits - hence
Public/Private.
Can you imagine how much fun the cronies would have with
this? We imagine it would be very easy
to hide money and contracts using this bank. A taxpayer-supported loan/grant
fund for unelected boards and "authorities" just doesn't pass the
smell test in America.
The bank's board is where the POWER lies
Section 5-1 of the bill states, "'Georgia
Transportation Infrastructure Bank Act,' is amended by revising subsection (b)
of Code Section 32-10-127, relating to loans and other financial assistance and
the determination of eligible projects, as follows: "(b) The board shall
determine which projects are eligible projects and then select from among the
eligible projects qualified projects." The power grab is breathtaking.
Local governments are outraged with the bill because it
stops them from levying local gas taxes like they have been doing for local
projects. The bill authors want transportation projects decided by a small
power-elite at the Infrastructure Bank. I'm stunned at the audacity.
Opportunity for All, Favoritism to None!
The American free enterprise system is being corrupted
before our eyes. Many of the elected legislators have been corrupted by the
large construction companies' campaign donations. The new ones we elect, who
try to stop the corruption, are shunned as extremists or else co-opted into the
system. It looks like it is going to be up to voters and taxpayers to stop the
madness. Please make your voice heard. Contact the entire delegation
representing our area.
Source: Diane Cox Valdosta Tea Party Posted on www.valdostateaparty.com
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