Sure. Then the bill requires that all those fines you pay go towards street calming infrastructure, eventually making it physically impossible (or at least very uncomfortable) for you to continue speeding.
Kind of like if enough parents paid the late pickup fee, eventually the daycare could afford a van for dropoffs.
Don't make me say "roundabout."
There are multiple well-researched and practical interventions that can be done to make driving safer for drivers, pedestrians, and cyclists. Implementation in the US is regularly scuttled by insane self-styled experts who "audacity" their way to public trust and influence, inexplicably.
https://en.wikipedia.org/wiki/John_Forester_(cyclist)
It seems like this rarely happens. The fines become another stream of income, and reliance on that income kills any incentive to fully eliminate the behavior the fines are ostensibly meant to discourage.
Given the many restrictions on how the income can be used in this bill, I find it unlikely that will apply here. Feel free to check back in at the end of the pilot.
Random thought: this also accurately describes the financialization of home ownership. It was supposed to provide stability in shelter, and instead created a market that's completely unaffordable to the prime home-buying generations, in favor of protecting those who've come to depend on unconscionable valuations.
No one, gun to their head and hand on a Bible, should defend a status quo where the only way to afford a median house is to have twice the median income.