tax News Updates

TCA

No Appetite in Missouri House to Send Gas Tax Hike to Voters

The Missouri House on April 11 rejected a plan to raise the states gas tax by about six cents, pending approval from voters in 2018 a proposal that emerged in the Senate last year as a way to raise money for road and bridge improvements.

April 12, 2017
TCA

11瞽 Gas Tax Hike Promoted in Kansas; Measure Would Raise Rates on Other Fuels, Too

Kansas has not adjusted its motor fuels tax inmore thana decade, and its a target for a hike as the state looks for revenue.

March 24, 2017
TCA

South Carolina House Oks Gas Tax Hike to Repair Crumbling Roads

The South Carolina House voted 97-18 March 1 to increase the states gas tax and other driving fees to raise about $600 million a year to repair the states crumbling roads and bridges.

March 3, 2017
Government, Business

Southwestern States Considering Local Option Bills to Raise Money for Infrastructure

Frustrated over growing transportation needs that arent being filled with state dollars, legislators in Arizona and New Mexico are sponsoring bills that would allow cities and counties to vote to tax themselves to pay for infrastructure improvements.

February 22, 2017
TCA

Trucking, Railroad Groups Want a Higher Federal Gas Tax: The Roadblock? Congress

As President Donald Trump and lawmakers in both parties roll out infrastructure plans, no one seems to be willing to consider the hottest, most vexing piece of that legislative puzzle: raising the federal gasoline tax.

February 21, 2017
TCA

Indiana Lawmakers: Gas Tax Increase Might Get Reduced In Senate

A final hike in Indianas gas tax may not be as high as a measure passed out of the Indiana House of Representatives last week, some Wabash Valley legislators say.

February 21, 2017
Government, Fuel, Business

Red States Alaska, Oklahoma Seriously Mulling Fuel-Tax Hikes

Oklahoma and Alaska are about as red as states can be. Oklahoma has only elected Republicans to the Senate going back to 1994. Republican Don Young has been Alaskas only congressman since 1973. However, both states are considering raising fuel-tax rates for the first time since the 1980s.

February 14, 2017
Business

Pennsylvanias National-High Diesel Tax to Soar Another 14 Cents on Jan. 1

Pennsylvania truckers, who already pay the nations highest diesel fuel taxes, wont be happy when they fill their vehicles after the New Year. Thats because on Jan. 1 that tax will rise from 63.87 cents per gallon to 77.59 cents per gallon.

December 14, 2016
Government, Fuel, Business

N.J. Bond Rating Downgraded After Fuel Tax Hike

New Jerseys bond rating was downgraded from A to A- on Nov. 14 by S&P Global Ratings in the wake of the states massive fuel tax hike that became law last month.

November 16, 2016
Government, Fuel, Business

New Jersey Senators Hope to Repeal Fuel-Tax Hikes

Just six days after New Jersey Gov. Chris Christie signed the compromise gas-tax legislation into law, two of his fellow Republicans introduced a bill on Oct. 20 to repeal it.

October 24, 2016