fuel tax News Updates

GovernmentBusinessFuel

New Fuel Taxes Kick in July 1 in Number of States

Higher gas taxes will sweep across pumps in several states on July 1 to drive fuel prices even higher.

June 29, 2022
GovernmentBusinessFuelLogistics

Senators Propose Fuel-Tax Holiday Amid Funding Debate

Congressional lawmakers are proposing measures that include a suspension of the federal gas tax to stave off soaring prices at the pump, and are considering other remedies to ease inflationary price increases as Congress averted a federal government shutdown by passing a short-term spending measure.

February 17, 2022
GovernmentBusinessTechnologyFuel

Rise of Electric Vehicles Presents Questions About Transportation Funding

While electric vehicles and alternative fuels contribute to reducing greenhouse gas emissions, their continued adoption forces states to rethink transportation funding sources that currently come from taxes on diesel and gasoline.

June 3, 2021
GovernmentFuel

Industry Rejects Tax Proposal Targeting Trucks

A Senate proposal to impose a vehicle-miles-traveled fee exclusively on commercial vehicles drew a strong rebuke from the leaders in the trucking industry.

May 19, 2021
GovernmentBusinessTCA

Missouri Lawmakers Pass Fuel Tax Hike With Refund Option

JEFFERSON CITY, Mo. — Missouri drivers will likely pay more at the pump starting this fall after lawmakers passed a bill to raise the state’s fuel tax for the first time in more than two decades.

May 12, 2021
GovernmentFuel

ATA Commends Caucus’ User Fee Funding Approach

A U.S. House caucus’ legislative funding strategy that considers an increase to fuel taxes for infrastructure systems garnered praise from the country’s premier trucking association.

May 5, 2021
GovernmentBusiness

McConnell Rules Out GOP Support for Tax Hikes to Pay for Infrastructure

Senate Minority Leader Mitch McConnell said there was no chance that Republicans would back any tax increases to pay for President Joe Biden’s infrastructure plan, leaving Democrats to try to force through a package on their own.

March 16, 2021
GovernmentBusinessTechnologyFuel

Secretary Pete Buttigieg Suggests Usage Charge as Sustainable Funding Solution

Transportation Secretary Pete Buttigieg acknowledged the lack of sustainable transportation financing sources, but suggested an increase to the federal fuel tax rate would not offer a long-term solution.

February 25, 2021
GovernmentBusinessFuel

Chicago Mayor’s Budget Plan, Including Fuel Tax Hike, Is Approved

The Chicago City Council has voted to approve Mayor Lori Lightfoot’s 2021 budget proposal, which includes a fuel tax increase.

December 1, 2020
GovernmentBusinessFuel

States Take Action as COVID-19 Chokes Revenue Streams

Many state transportation agencies continue to develop revenue forecasts to determine how much money they can expect to lose in fuel tax revenue, tolls and transit fares in the wake of the pandemic.

November 20, 2020