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Trying to find a solution for transportation funding, bipartisan U.S. Senators seek to tax foreign assets.
“Sen. Charles Schumer (D., N.Y.) and Rob Portman (R., Ohio), co-chairmen of a Senate Finance Committee working group on overhauling the international tax system, would impose a one-time tax on profits that multinational companies have stashed overseas at a rate lower than the current 35% U.S. corporate tax rate, according to a summary of its major provisions.”
New York City council members are proposing a new ride share regulation. They want to cap the number of ride share vehicles for roughly a year to study how their rapidly swelling numbers are affecting congestion and the environment.
California Legislature is in special session for transportation related issues. In this mix, is a new ride share bill that would exempt drivers for services such as Uber, Lyft and Sidecar from having to register their personal cars as commercial vehicles.
The bill is in repsonse to regulatory action by California DMV that suggested every ride share vehicle (a vehicle transporting paying customers) needs commercial license plates.
With federal transportation funding overhauled stalled, many states this year raised taxes for transportation including:
What coalitions supported these tax increases? The peope trying to get to work.
After self-driving car regulations failed to pass during the regular legislative session, Google brings self-driving cars to Austin.
No legislation, means no permission necessary for self-driving cars. Google’s cars will have 2 back up human drivers in them at all times and weill be seen in and around Austin.
Houston’s Ellington Field will be converted to the 10th spacecraft launch site in the country.
“The city of Houston has been approved by the FAA to build and operate a licensed, commercial spaceport. So let’s celebrate that,” said Houston Mayor Annise Parker.”
Washington State is moving toward a permanent gas tax bump of 11.9 cents per gallon.
California is facing a special legislative session on transportation. Republians have a plan to fix transportation funding without taxes by touting these principles:
And, by using these funding sources for $6 billion in existing…
Back in yesteryear, 2014, California Legislature passed AB 2293. It requires minimum liability insurance requirements of $200,000 for ride share.
AB2293 marks California first legislative attempt at successfully regulating ride-share.
In 2015, so far 6 states have raised the gas tax:
One state lowered the gas tax: