Tag: gas tax: Page 11

Roadbuilding

Move over gas tax: California could move to VMT fee

California is considering switching from a state gas tax to a vehicle-miles-traveled (VMT) fee, our sister site Overdrive reports. The state’s Senate approved SB 1077 this month. The legislation would require the California Transportation Agency (CTA) to create a voluntary user fee pilot program by 2016, but CTA would not be allowed to collect fees. […]

June 14, 2014

Roadbuilding

HTF 101: How the Highway Trust Fund works

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 across the nation would not be able to begin and 700,000 workers would lose their […]

June 12, 2014

Business

Survey finds 68% of Americans want increased federal transportation funding, most willing to pay higher gas taxes

Two-thirds of Americans, or 68 percent, want the federal government to invest more in roads, bridges and mass transit systems, according to the results of a AAA survey released on Tuesday. Additionally, 5 percent of respondents said the federal government should invest less, while 24 percent want transportation spending levels to remain the same. The […]

June 12, 2014

Roadbuilding

Utah transportation panel considers gas tax hike

The state gas tax in Utah may start rising if a proposed hike is approved. The state’s Transportation Interim Committee on Wednesday discussed an annual 1.5-cent-per-gallon increase that would be implemented over the next five years, the Associated Press reported. Utah’s fuel tax, which currently stands at 25 cents per gallon, has not been raised […]

May 22, 2014

Roadbuilding

LaHood touts fuel tax hike at transportation tech summit

Speaking to attendees of the ALK Transportation Technology Summit in Princeton, N.J., former Transportation Secretary Ray LaHood made a case for raising the federal fuel tax by 10 cents a gallon and indexing the level to inflation going forward. With China building infrastructure at a rapid clip, “America is one big pothole,” he said. “It’s […]

May 21, 2014

Roadbuilding

New Hampshire gas tax to rise 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 raise more money for transportation. Gov. Maggie Hassan on Tuesday signed SB 37, a bill that would raise the state’s gas and diesel tax by 4.2 cents per gallon, bringing in an additional $32 million […]

May 21, 2014

Roadbuilding

Infrastructure jobs can boost U.S. employment; highway funding push continues

Buzz about infrastructure investment continues today as a number of reports and statements are released. The Brookings Institution released a report today on infrastructure employment, and earlier this week AAA pushed for a gas tax hike, 50 Chambers of Commerce urged Congress to fix the Highway Trust Fund (HTF) and the Institution on Taxation and […]

May 9, 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

Roadbuilding

New Hampshire Legislature passes 4.2-cent gas tax increase

The New Hampshire House this week passed a bill that would increase the state’s gas tax 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 keep […]

April 24, 2014

Roadbuilding

Obama to present Congress with proposed transportation reauthorization bill

President Barack Obama is preparing to present his proposed $302 billion, four-year transportation reauthorization bill to Congress. Transportation Secretary Anthony Foxx announced on the DOT’s Fast Lane blog that the president plans to send a draft of the legislation to lawmakers, though no specific timetable has been presented. “Soon, the Obama Administration will do exactly […]

April 23, 2014

Roadbuilding

Foxx: Insolvent transportation system could cost 700k jobs

Transportation Secretary Anthony Foxx said Thursday that if lawmakers don’t fix the nation’s transportation system that is “teetering on the edge of insolvency,” 700,000 people could lose their jobs, The Christian Post reports. Foxx’s warning came during the national convention of Al Sharpton’s National Action Network in New York City, just days before his infrastructure investment […]

April 14, 2014

Roadbuilding

5 Options for Avoiding Highway Trust Fund Insolvency

The current surface transportation bill, MAP-21, is set to expire in September, and lawmakers are scrambling to reauthorize funding before that deadline. However, a larger problem is expected to arise up to two months before MAP-21’s expiration: the Highway Trust Fund (HTF), the primary source of project funding, is expected to completely run out of […]

April 11, 2014