HB 2180-S2 - DIGEST

(AS OF HOUSE 2ND READING 2/27/98)

     Establishes a state policy and program for freight mobility strategic investments.

     Declares that it is the policy of the state of Washington that constrained public transportation funding and competition between freight and general mobility improvements for the same fund sources require strategic, prioritized freight investments that reduce barriers to freight movement, maximize cost-effectiveness, yield a return on the state's investment, encourage complementary investments by public and private interests, and solve regional freight mobility problems.  State financial assistance for freight mobility projects should leverage other funds from all potential partners and sources, including federal, county, city, port district, and private capital.

     Creates the freight mobility strategic investment board.

     Creates the freight mobility strategic investment account within the transportation fund or motor vehicle fund.