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Tag: diesel tax
Construction Equipment
12 states just hiked diesel prices. Here’s how much more you’ll pay at the pump
With the turn of the calendar to July, truck drivers will see increased diesel fuel prices in 12 states due to rising fuel taxes. While some states’ increases are less than a cent, others’ taxes on diesel will be immediately noticeable. All of the following fuel tax increases took effect Monday, July 1. The diesel […]
July 3, 2019
Roadbuilding
Michigan lawmakers send package of transportation-funding bills to governor
The Michigan House and Senate passed a package of seven bills aimed at providing $1.2 billion a year for bridge and road projects, split evenly between existing funds and new taxes. The plan, dubbed the 600/600 or Plan R, has been sent to Gov. Rick Snyder for his signature. The bills also provided for $200 […]
November 4, 2015
Roadbuilding
Gov. Rick Snyder signs $1.3 billion plan for Michigan roads
Gov. Rick Snyder has signed a transportation infrastructure bill to spend $1.3 billion more per year to help fix Michigan’s deteriorating roads and other transportation infrastructure. The bill is contingent on voters increasing the state sales tax to seven percent in May. Snyder signed a package of 11 laws that would restructure and ultimately raise flat per-gallon fuel taxes while […]
January 13, 2015
Roadbuilding
Lawmaker looks to crude oil tax, indexed diesel tax for Highway Trust Fund solution; Plan would remove gas tax
As the Highway Trust Fund’s insolvency looms, Rep. Peter DeFazio (D-Ore.) has introduced a highway funding plan that would repeal the federal gas tax in favor of other funding options, like taxing oil barrels and indexing the diesel tax to inflation and fleet fuel economy. DeFazio’s Repeal and Rebuild Act is designed to be a […]
June 17, 2014
Business
New Hampshire increases fuel taxes to fund road projects
The New Hampshire House last week passed a bill that would increase the state’s fuel taxes on gas and diesel by 4.2 cents per gallon, the Concord Monitor reports. The bill is now headed to Gov. Maggie Hassan, who said she intends to sign it. “I look forward to signing this bipartisan legislation into law so we can […]
April 29, 2014
Business
Bill calls for the elimination of federal transportation funding
While most are trying to figure out a way to free up more federal funding for transportation, two Congressmen have introduced a bill that would cut it altogether. Sen. Mike Lee (R-Utah) and Rep. Tom Graves (R-Georgia) have filed the Transportation Empowerment Act (TEA), according to our sister site Better Roads. The bill calls for […]
November 18, 2013
Business
Better infrastructure, fully-funded transportation would cost Americans less than a coffee per month
Last week we showed you a couple of charts that show in a fairly straightforward way, that Americans, when compared to our global peers, don’t pay nearly enough for the roads we drive on. But a new report from the Institute on Taxation and Economic Policy (ITEP) examining federal fuel taxes takes things a step farther […]
October 1, 2013
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