The Nickel Project is a nickname for a transportation funding package enacted in 2003 by the
Washington State Legislature. The slogan for the package is "It’s your Nickel, Watch it Work."
The $3.9 billion program is funded by the following:
* 5 cents per gallon
gas tax
A fuel tax (also known as a petrol, gasoline or gas tax, or as a fuel duty) is an excise tax imposed on the sale of fuel. In most countries the fuel tax is imposed on fuels which are intended for transportation. Fuels used to power agricultural v ...
increase
* 15% increase in gross weight fees on heavy trucks
* 0.3% increase in the
sales tax
A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a gove ...
on motor vehicles
There are 158 projects over a 10-year period. The largest portion of the project is congestion relief with $2.6 billion allocated.
External links
Nickel Funding Project at WSDOT
Transportation in Washington (state)
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