News Release                                                                             Oct. 26, 2015

Saturday's election means La. voters want more transportation investment

Voters looking to state leaders for improvements
Saturday's approval of Constitutional Amendment 2, a measure that will help fund Louisiana's new infrastructure bank, proves that voters want our new governor and legislature to make transportation investment a top priority, according to the Louisiana Good Roads and Transportation Association.

The amendment, which passed with 53 percent of the vote, allows the state treasurer to invest existing, idle state funds into the State Transportation Infrastructure Bank, which then can make low-interest loans to local governments for local and regional transportation projects. The Louisiana Legislature created the bank in the 2015 legislative session.

The amendment gives Louisiana communities a tool to finance local transportation projects, but it does not raise taxes, Good Roads President Kenneth Perret said. However, passage of the amendment clearly shows that voters place a high priority on transportation investment.

"This election proves that Louisiana voters want better roads, bridges and ports, and they're willing to pay for it" Perret said. "Now it's up to our next governor and legislature to come up with a plan to increase our infrastructure investment. More than a half-million voters said 'yes' to transportation, so it's fairly easy to see where our priorities should be."
About Good Roads...
The Louisiana Good Roads and Transportation Association is a non-profit organization of more than 500 people and companies throughout Louisiana. Good Roads is dedicated to promoting the planning, design, construction and maintenance of a sufficiently financed transportation system that will provide safe and convenient travel for Louisiana citizens and economic opportunities for Louisiana businesses.

For more information, contact:
Lambert Media logo

Mark Lambert
Lambert Media