Tennessee eyes weight-distance tax to boost road funding

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The Chattanooga Time Free Press has reported on a panel session in the Tennessee state legislature that showed lawmakers considering a weight-distance tax like the one currently levied by its neighbor to the north as well as the states of New YorkNew Mexico and Oregon.

Related:

California to test feasibility of mileage tax

Tennesseee Senate speaker Ron Ramsey noted the proposal was made as a measure to boost state revenues for road funding by Paul Bailey, a freshman member of the state Senate and a Republican from Sparta, Tenn. Bailey also happens to own a trucking company and small farm. According to the Times Free Press report, Bailey stressed the ability for in-state-based firms to deduct the cost of their own weight-distance fees from business taxes. According to Times Free Press reporter Andy Sher, Ramsey’s prognosis for this and other highway-funding proposals was likely to reach into 2016.

You can read Sher’s full report at this link.

This article was written by Todd Dills, Senior Editor of Overdrive Online.