The Nickel Project is a nickname for a transportation funding package enacted by the 2003 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 increase,
15% increase in gross weight fees on heavy trucks,
0.3% increase in the sales tax 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.