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Tax experts say 12 states may likely raise the gas tax this year. It’s a bipartisan group, including:
Special Commissions have been studying transportation funding in these states:
To avoid raising taxes, Republicans in Connecticut unveiled a plan that is:
Posted infunding, legislative trend, roads
Republican Iowa Governor Branstad supports the 10 cent gas tax hike legislative leaders are pushing. Alternative suggestions to the gas tax hike include legalizing marijuana and dedicating the tax revenues to transportation projects. The Gazette Texas Association of Realtors & San Antonio Realtor Board President say that additional transportation funding in SB 5 & SJR 5 will create additional economic benefits such as: California has a transportation funding shortage. Like Texas, the gas excise tax has not kept up with roadway needs as cars became more fuel efficient. The Speaker of the California House proposes an approximate $1 per week fee on drivers. The fee is expected to bring in about $1.8Billion per year dedicated to transportation. A variety of options exist as to how the fee will be assessed, including: Instead of restructuring, raising, revamping, or otherwise gussying up the gas tax, Scott Walker is proposing transportation bonds to fund Wisconsin’s transportation needs. Bond lawyers everywhere are rejoicing. The state’s transportation indebtedness will raise 30%, but overall debt for the state will decline in Gov Walker’s plan.
Posted infunding, legislative trend
Georgia House has proposed to generate $1Billion in transportation funding by leaving the gas tax and imposing a state excise tax of 29.2 cents per gallon of gas. Local governments would lose $500M in the tax swap. The proposal allows the local governments to impose new taxes. Tea Party supporters oppose the scheme because it is: Minnesota is considering a gross receipts tax on gas to make up for a transportation funding deficit. The gross receipts tax would be a 6.5-percent sales tax at the wholesale level. The chamber of commerce in Minnesota describes the gross receipts tax as:
Posted infunding, legislative trend
Georgia House unveiled a transportation funding plan this week which: How would Empower Texas improve transportation funding? By doing this:Creative Road Funding: Fill Pot Holes with Pot Revenue
Economic Benefits from Transportation Funding
California Proposes Driver Fee for Transportation Funding
Gov. Scott Walker Transportation Plan Will Surprise You.
Tea Party Revolt to Transportation Funding
Funding Trend: Welcome Gross Receipts Tax on Gas
Funding Trend: Adieu Gas Tax
Transportation Funding Reforms Empower Texas Style