Tags: gas tax

Short-term patch on hold while Senate panel sorts out spending concerns

Jun 26, 2014

Short-term patch on hold while Senate panel sorts out spending concerns

The Senate Finance Committee has delayed its vote on a proposed short-term patch that would provide funding for transportation infrastructure projects through Dec. 31, The Hill reports. During a markup of the Preserving America’s Transit and Highways (PATH) Act Chairman Ron ...

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Foxx sends second HTF warning to state DOTs; lawmakers talk funding solutions

Jun 23, 2014

Foxx sends second HTF warning to state DOTs; lawmakers talk funding solutions

On Friday, Transportation Secretary Anthony Foxx reminded state departments of transportation that the Highway Trust Fund’s “situation remains dire.” He noted in a letter to state DOT directors that the HTF is projected to run out of money at the end ...

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Senators propose raising gas tax by 12 cents per gallon

Jun 19, 2014

Senators propose raising gas tax by 12 cents per gallon

With the current highway bill, MAP-21, nearing expiration and the Highway Trust Fund (HTF), the main transportation funding source, projected to shortfall in just over two months, the search is on for a new way to fund transportation infrastructure projects. Two ...

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What you need to know about federal transportation funding

Jun 13, 2014

What you need to know about federal transportation funding

The Highway Trust Fund (HTF) is a major talking point in the highway construction industry right now, especially because the major funding source is likely to run out of money in less than three months. HTF insolvency would mean projects ...

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Utah could see gas tax increase

May 23, 2014

Utah could see gas tax increase

The state gas tax in Utah may start rising if a proposed hike is approved. The state’s Transportation Interim Committee this week discussed a potential annual 1.5-cent-per-gallon increase that would be implemented over the next five years, the Associated Press reported. Utah’s ...

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New Hampshire to raise fuel tax by 4.2 cents in July

May 21, 2014

New Hampshire to raise fuel tax by 4.2 cents in July

New Hampshire can expect a 4.2-cent gas tax increase this summer, after the state’s governor signed a new bill to provide more money for transportation. Gov. Maggie Hassan on Tuesday signed SB 37, legislation that would raise the state’s gas and ...

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Rep. Shuster wants Transportation Committee to pass transportation bill by August

Jan 16, 2014

Rep. Shuster wants Transportation Committee to pass transportation bill by August

Can a new transportation bill hit the House floor by August? Rep. Bill Shuster (R-Pa.) seems to think so. Shuster, chairman of the House Transportation and Infrastructure Committee, said during a committee hearing on Tuesday that he wants the new transportation ...

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No gas tax hike for Mississippi; Lt. Gov. Reeves looks to restricted bond bill for funding

Jan 10, 2014

No gas tax hike for Mississippi; Lt. Gov. Reeves looks to restricted bond bill for funding

Mississippi isn’t likely to see an increase in the statewide gas tax anytime soon. Lt. Gov. Tate Reeves said Monday that he won’t support raising Mississippi’s 18-cent-per-gallon fuel tax, our sister site Better Roads reports. He said although highway maintenance is vital ...

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Highway Funding: Past, Present and Future

Jul 24, 2013

Highway Funding: Past, Present and Future

As reported earlier this week, the Senate is currently considering a spending bill for the Departments of Transportation (U.S. DOT) and Housing and Urban Development (HUD). In a prepared opening statement before the Committee on Transportation and Infrastructure, Tom Petri (R-Wis.), ...

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Fuel Use Trends and the Highway Trust Fund

Apr 01, 2013

Fuel Use Trends and the Highway Trust Fund

With looming insolvency, a vehicle mileage-based user fee is a viable, but challenging option for creating revenue. By Tina Grady Barbaccia   Financing scenarios for current and future transportation are challenging with a Highway Trust Fund (HTF) that is always facing insolvency and ...

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‘Map’ing out the future of highway funding

Oct 04, 2012

‘Map’ing out the future of highway funding

For daily news updates and web-exclusive news items, visit the “AggBeat Online” section of our website at www.aggman.com   A new transportation bill is being referred to as ‘devolution lite.’ Two years of funding provides a reprieve, but a lack of federal ...

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Transportation leaders laud 15-cent gas hike proposal

Nov 11, 2010

Leaders from a coalition of transportation interests are lauding a draft proposal released by the National Commission on Fiscal Responsibility and Reform. “We applaud the draft proposal released today by the National Commission on Fiscal Responsibility and Reform co-chairs to ...

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