fund

Business

176 House Members Urge Tax Committee to Fix Highway Trust Fund

WASHINGTON — Lobbying on behalf of infrastructure funding proponents on May 18 appears to have paid off as 70 additional members of the U.S. House have signed a letter urging the tax policy committee to ensure the long-term solvency of the Highway Trust Fund.

Eugene Mulero | Staff Reporter
May 19, 2017
Business

More Than 100 Members of Congress Call for Highway Trust Fund Fix

Andrew Harrer/Bloomberg News

With more than 100 colleagues joining him in urging the tax policy committee to ensure the solvency of the Highway Trust Fund this year, the leader of the subcommittee on highways is continuing to push for sustainable funding for infrastructure projects as Congress turns its attention to reforming tax policy.

Eugene Mulero | Staff Reporter
May 11, 2017
Government, Business

Top Highway Authorizers Call for Trust Fund’s Long-Term Fix

Office of Rep. Sam Graves

An overhaul of tax policy should include a long-term solution for the Highway Trust Fund, the top authorizers of highway projects plan to say to their tax policy counterparts.

Eugene Mulero | Staff Reporter
April 17, 2017
Government, Business

Proponents Believe S.C. Might Finally Address Transportation Funding Crisis

Jimmy Emerson, DVM/Flickr

Transportation bills introduced in both houses of the South Carolina Statehouse aim to address the state’s $1.2 billion infrastructure funding shortfall and succeed where a  House-approved $4 billion transportation funding measure failed to pass in the Senate last year.

David Elfin | Staff Reporter
January 26, 2017
Government, Business

With Political Leaders on Board, There Could Be Movement on Transportation Funding in Colorado

Colorado’s Department of Transportation has a $9 billion funding shortfall. That can be blamed partly on the state’s failure to raise its taxes of 20.5 cents per gallon on diesel and 22 cents on gasoline since 1992.

David Elfin | Staff Reporter
January 24, 2017
Business

Momentum Building for More Transportation Funding in Tennessee

jbcurio/Flickr

Tennessee hasn’t raised its taxes of 18.4 cents per gallon on diesel and 21.4 cents per gallon on gas since 1989. The decision not to index those taxes to the rate of inflation along with the spread of increasingly fuel-efficient vehicles has caused a funding shortfall that the state’s Department of Transportation estimates at $6 billion.

David Elfin | Staff Reporter
December 14, 2016
Business

Drought Cracks Pavement, Causing Headaches in Mississippi

Jimmy Emerson/Flickr

Mississippi’s Department of Transportation says it has a $526 million funding shortfall. That figure has only grown because of the drought that began in late summer and extended for most of the fall.

David Elfin | Staff Reporter
December 13, 2016
Government, Business

Louisiana Transportation Secretary Aims Big to Fix Huge Funding Shortfall

Louisiana refines nearly one-fifth of the nation’s oil. Interstate 10, one of the nation’s busiest freight corridors, runs horizontally through the state although it’s just one lane eastbound in a stretch near Baton Rouge. But Louisiana is in the midst of a longstanding transportation funding crisis, in part because its fuel taxes haven’t been raised since 1989.

David Elfin | Staff Reporter
December 12, 2016
TCA

State, Federal Officials to Meet About Removal of 'I Love NY' Highway Signs

Federal Highway Administrator Gregory Nadeau will meet with New York State Department of Transportation Commissioner Matt Driscoll next month to discuss a plan for taking down the more than 500 “I Love NY” tourism signs erected throughout the state, a spokesman for the federal agency said Nov. 28.

Lisa Irizarry | Newsday
November 29, 2016
TCA

Republican Governors Seek Changes in Federal Aid to States

Daniel Acker/Bloomberg News

MADISON, Wis. — With Republicans taking full control in Washington, GOP governors across the nation will seek a bedrock shift in how the federal government helps states pay for highway projects, worker training and health care for the needy.

Jason Stein | Milwaukee Journal Sentinel
November 22, 2016

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