fuel taxes News Updates

New Jersey’s diesel and gas prices will rise 0.9¢ Oct. 1 due to the first uptick in state fuel taxes since 2020, according to the state treasury department.

Georgia’s reinstatement this year of motor fuel taxes helped the state collect 13.1% more revenue to reach nearly $2.5 billion in July compared with the previous year.

In addition to essential supplies, truck drivers during the pandemic provided a service that is less tangible but no less important: boosting revenue for state transportation departments.

Fuel is now more expensive in seven states: Oklahoma, South Carolina, Indiana, Maryland, Tennessee, Vermont and Iowa.

Mississippi House Speaker Philip Gunn presented an infrastructure funding plan April 12 that would divert money to transportation projects over the next several years.

Less than a month after President Donald Trump unveiled his infrastructure proposal, Senate Democrats released an infrastructure plan of their own.

A recent Quinnipiac University poll found people are near evenly split on the subject of raising fuel taxes to fund infrastructure projects, with a slight majority supporting the idea.

The Senate committee overseeing surface transportation policy already is crafting the framework for an infrastructure bill, Sen. James Inhofe told the Washington Examiner Feb. 15, a few days after the White House outlined “principles” of a $200 billion infrastructure proposal.

The potential economic benefits of a long-term infrastructure funding proposal, and the impact a new tax law is having on certain businesses, reinforces a need for better freight connectivity nationwide, ATA Chairman Dave Manning said Jan 31.