Posts Tagged "gas tax"
A total of seven states have now successfully passed legislation in 2015 to raise new money to invest in transportation, avoid budget shortfalls from declining revenue sources and keep up with growing needs — mostly by voting to raise their state fuel taxes.
Congress has seen various proposals floated to scale back federal investment in transportation, from cutting out transit funding to ending the federal gasoline tax and shifting full responsibility to the states. We decided to take a look at what that latter move would mean for taxpayers, who would have to make up the difference in each state or accept multi-million dollar decreases in funding and deteriorating conditions on an annual basis.
From Washington to South Carolina, 17 state legislatures (and counting) are debating plans to raise new revenue for transportation after a decade in which their primary funding sources shrank and federal support became increasingly uncertain. See the current state of play in our freshly updated national roundup.
Voters overwhelmingly re-elect candidates who raise transportation revenue, analysis of general election results shows
Continuing a trend observed in the primaries, an updated T4America analysis of November’s election data shows that, since 2012 in ten states that passed legislation to raise new transportation revenue, 90 percent of the supportive legislators retained their seats — knowledge that should be instructive for the legislators in 17 states now considering similar plans to raise state transportation revenue in 2015.
Supported by 23 cosponsors in the House, a representative from Transportation for America and a plethora of national construction, transportation and labor groups, Rep. Blumenauer and Rep. Welch introduced the UPDATE ACT (HR 680) to increase the federal gas tax by 15 cents over three years and index it to the inflation.
Already, 2015 feels like it could be a big year for transportation, at the federal, state and local levels alike. As the year began, we thought it would be fun to identify 15 people, places and trends that seemed to be worth keeping an eye on the next 12 months. In some years, 15 would be a stretch, but this year we had a tough time whittling the list to match the number of the year.
The steep drop in gas prices offers the best opportunity in years to raise the revenue we need to rescue our transportation trust fund and build for the future. And, for the first time in recent memory, leaders in both parties are calling for a gas tax increase to avoid foisting monumental repair and construction bills on the next generation.
The Highway Trust Fund, our nation’s key infrastructure funding source, has been teetering on the edge of insolvency for the past few years, with legislators from both parties unable to secure a long term funding source.
In 2013, the Massachusetts legislature came together on an ambitious plan to necessary revenues for transportation, passing a three-cent gas tax increase as well as indexing it to inflation. In what makes this one of the most interesting ballot measures to watch, just a year after the legislature approved it, voters on Nov. 4 will decide whether or not to repeal part of the package.
Vermont, New Hampshire, Massachusetts follow the trend: voters support transportation revenue increases
As voters have been proving over and over during primary season this year, raising taxes or fees for transportation isn’t a political death sentence – no matter the party or political affiliation. In the past two weeks, Vermont, Massachusetts, and New Hampshire’s state legislators faced their first primary since voting to pass bills to raise additional revenue for much needed transportation and infrastructure projects.