Tag Archive for 'hypothecation'

Brazil uses traffic fines to fund bicycle-friendly infrastructure

September 12th, 2011 by Beth Buczynski

In yet another step that indicates its commitment to alternative transportation, the Brazilian government passed a law that will use revenue collected in the form of traffic tickets to support the development of bicycle-friendly programs and infrastructure. Once enacted, the Bicycle Program Brazil (PBB) will appropriate 15 percent of collected traffic fines to be used […]