PennDOT - Fri May 25, 2018
Gov. Wolf Announces Funding Increase for Municipal Projects
Gov. Tom Wolf announced the distribution of nearly $489 million in 2018 liquid fuels payments to municipalities through the Pennsylvania Department of Transportation (PennDOT) to help them maintain local roads and bridges....
Mon May 14, 2018
Interstate 95 Coalition Kicks Off Three-Month Pilot Study
As part of its effort to explore replacing the current fuel tax with a mileage-based user fee or “MBUF” to generate highway funding the I-95 Corridor Coalition, with the Delaware Department of Transportation as the lead, is launching a three-month pilot study starting in May....
Melinda DeSlatte - ASSOCIATED PRESS - Mon April 09, 2018
Local Gas Tax Idea Rebuffed by La. House Tax Committee
BATON ROUGE, La. (AP) Louisiana parishes and municipalities won't be able to raise their own gas taxes to pay for road and bridge work. Lawmakers on the House tax committee spurned a proposed constitutional amendment March 26 that would have removed an existing ban keeping local governments from levying taxes on motor fuels....
DeForrest Ballou – Capital News Service - Mon March 05, 2018
Virginia Senate OKs Raising Fuel Tax for I-81 Improvements
RICHMOND, Va. (AP) An additional fuel tax of 2.1 percent would be levied in western Virginia under a Senate bill approved Feb. 13 creating a regional transportation fund to help pay for improvements on busy Interstate 81....
Fri February 09, 2018
Gas Tax Bolsters State's Road Maintenance Funding
A higher gas tax that took effect July 1, 2017 has brought in millions of dollars to help pay for much-needed improvements to South Carolina's roads and bridges. According to Christy Hall, head of the South Carolina Department of Transportation, the agency anticipates receiving around $149 million in 2018 for these projects, The State reported....
Emily Buenzle - Fri January 19, 2018
Chamber of Commerce Proposes Gas Tax to Pay for Infrastructure
The U.S. Chamber of Commerce is pushing for an increased gas tax to fund America's infrastructure. Chamber President Tom Donohue suggested an increase of 25 cents to the gas tax over the next five years, but said that the group would not oppose increasing the tax all at once instead, The Hill reported....
Mon December 04, 2017
Senate Works Toward Tax Cuts But Makes No Provision to Boost Transportation Funding
The Senate took up tax-cutting legislation that makes no attempt to shore up long-term transportation funding, and which includes an "advance refunding" bond provision that would work against a debt-refinancing technique states and other government entities use to reduce their project costs....
Emily Buenzle - Thu November 30, 2017
State Governor Calls for Tax Increase to Fund Road Projects
Colorado governor John Hickenlooper has asked for a tax increase to help cover the annual $1 billion shortage in road construction and maintenance funding. According to Hickenlooper, neglecting to maintain Colorado's infrastructure will eventually lead to a slowdown in the economic growth it has been seeing, ABC 13 reported....
Emily Buenzle - Wed November 29, 2017
Year-End Equipment Purchases? Take Advantage of Tax Deductions
Time is running out for equipment buyers to take advantage of claiming Section 179 tax deductions of $500,000 and 50 percent bonus depreciation. The Tax Increase Prevention Act of 2014, which was signed into law in December of that year, allows those buying certain types of qualifying equipment to write off more of the cost of the piece immediately via bonus depreciation, and/or through Section 179 expensing, according to financial tech company, Accruit....
