N.J. Legislature Votes to Raise Fuel Taxes to Replenish Transportation Trust Fund
The long-running battle over New Jersey’s Transportation Trust Fund could be on the verge of ending. New Jersey’s Senate and Assembly voted on Oct. 7 to provide $2 billion annually to the transportation fund for the next eight years, thanks to tax increases of 27 cents per gallon on diesel and 23 cents per gallon on gasoline.
October 7, 2016Chris Christie Announces Deal for 23-Cent Gas Tax Increase for N.J.
New Jersey Gov. Chris Christie on Sept. 30 announced a deal with Democratic legislative leaders to add 23 cents per gallon to New Jersey’s 14.5-cent gasoline-tax levy and reduce consumer taxes elsewhere.
October 4, 2016Connecticut Diesel Taxes Drop 8.6¢ Per-Gallon
Thanks to a statutory formula based on wholesale fuel prices in the state each July, diesel taxes have taken a tumble in Connecticut.
August 22, 2016IRS Proposal Could Rewrite Rules on How Certain Equipment Is Taxed
Determination of whether a truck will be used for on- or off-highway duty is central to a proposal from the Internal Revenue Service that could rewrite the rules on how certain equipment is taxed.
June 17, 2016Sen. Cory Gardner Asks Colleagues to Oppose Excise Tax Increase on Trucks
The trucking industry is supporting a resolution that calls for no increase in the federal excise tax on heavy-duty trucks.
May 26, 2016Minnesota Becomes Seventh State to Fail to Pass Fuel-Tax Hike
Minnesota became the seventh state to fail to pass a fuel-tax increase this year as its legislative session ended at midnight May 22 with no agreement on a long-awaited major transportation funding package despite the state’s $900 million budget surplus.
May 23, 2016Portland, Ore., Approves Tax on Trucks
Portland, Oregon’s five-member City Council voted unanimously in favor of a trucks-only tax May 11.
May 16, 2016States Struggle to Pass Fuel-Tax Hikes in 2016
Eleven states considered raising fuel taxes this year, but none have yet passed legislation, unlike last year, when eight states did.
April 25, 2016Missouri Senate Gives Initial Nod to Fuel-Tax Increase
Missouri’s Senate gave preliminary approval on March 30 to a fuel-tax hike of 5.9 cents per gallon on both diesel and gasoline. The first-round voice vote still must have a final reading in the Senate before moving on to the House, where Transportation Committee Chairman Glen Kolkmeyer is its leading proponent.
March 31, 2016Montana Voters Support Raising Fuel Taxes
A majority of 800 Montana voters surveyed last month favored raising taxes on diesel and gasoline to help pay for the state’s roads and bridges. In the poll commissioned by the Montana Chamber of Commerce, 52% of the voters supported the increase with 41% opposed.
March 18, 2016