AGC Pushes to Prevent Diversion of Funds from Highway Trust Fund

It is widely anticipated that Senators John Kerry (D-Mass.), Lindsey Graham (R-S.C.), and Joe Lieberman (I-Conn.) will introduce climate change legislation before the end of the month.  Although a draft of the bill has not been released, the Senators have announced plans to limit carbon emissions through the inclusion of a fee on motor fuels based on the price of carbon dioxide under a cap-and-trade system.  This fee would act similar to a gas tax but it is unclear how much /if any of the revenue generated from this fee would be treated as a user fee and dedicated to the Highway Trust Fund.    AGC has been meeting with Senate offices working to ensure that any money from this linked fee be deposited into the Highway Trust Fund and used to finance a multi-year surface transportation bill.  Support this effort by sending a letter through AGC's Legislative Action Center.