fuel tax News Updates

Government, Business, Technology, Fuel

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
Government, Fuel

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
Government, Business, TCA

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
Government, Fuel

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
Government, Business

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
Government, Business, Technology, Fuel

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
Government, Business, Fuel

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
Government, Business, Fuel

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
Government, Business, Fuel

Chicago Mayor’s Budget Proposal Calls for City Fuel Tax Hike

Chicago is planning for a 3-cent fuel tax increase in an effort to help restore the city’s financial well-being amid the coronavirus pandemic,

October 22, 2020
Government, Fuel

Montana County Votes for Local Gas Tax

Voters in Missoula County, Mont., recently approved a gas tax as a way to finance local transportation projects.

June 4, 2020