Rep. Earl Blumenauer (D-Ore.) announced his intention to sponsor legislation to raise the federal gasoline tax by 15 cents per gallon. The increases would be phased in over three years and would be indexed for inflation. The increase would be in place until 2024, at which time it would revert back to current levels. During this ten-year period, the intent would be to transition to a mileage-based user fee.
In discussing his proposal, Rep. Blumenauer pointed out the problem facing the country at the end of this fiscal year: the Highway trust Fund will no longer have sufficient revenue to allow for any new federally supported transportation contracts starting in FY 2015. The temporary gas tax increase will provide the revenue necessary to keep the Federal-aid highway and transit programs operating while a new fee collection system is put in place. Rep. Blumenauer referred to several national commissions that have recommended raising the federal gas tax to help address growing transportation infrastructure needs.
For more information, please contact Brian Deery at (703) 837-5319 or deeryb@agc.org.
- Industry Priorities
- Education
- News
- Connect
- Benefits
- Events
- Shop