tax News Updates

Business

New Jerseyans Want Roads, Bridges Fixed Without Raising Fuel Taxes

Although 64% of New Jersey residents believe that the state doesn’t spend enough on road and bridge repairs, 56% oppose a gas tax hike which would pay for those, according to a poll released March 17 by Rutgers University’s Eagleton Center for Public Interest Polling.

March 17, 2016
Government, Fuel, Business

Missouri Highway Commissioner Says Fuel-Tax Increase Doubtful This Year

CLINTON, Mo. — Missouri Highway Commissioner Greg Smith told the Missouri Highway 13 Corridor Coalition not to expect a fuel-tax increase to pass the Legislature this year.

March 16, 2016
Fuel, Business

Different Paths May Take Miss., Minn. Down Same Road to Higher Fuel Tax

Mississippi hasn’t raised its fuel taxes since 1987. Minnesota did it just eight years ago. However, both might be on the verge of doing so as lawmakers look to fix transportation funding shortfalls at a time of record low fuel prices.

March 7, 2016
Government, Business

West Virginia Senate Passes Tax, Fee Hikes for Highways

Legislation to increase highway funding in West Virginia by more than $290 million a year — primarily through increasing the state sales tax from 6% to 7% — is headed to the state’s House of Delegates, which has proved adverse to tax hikes.

March 3, 2016
Government, Fuel, Business

Alaska Fuel Tax Bill Moves With Trucking Industry Support

Gov. Bill Walker’s bill to increase state fuel taxes has support from some industry groups it would directly affect, including the Alaska Trucking Association.

February 25, 2016
Government, Business

Senate Joins House in Passing Tax Extenders

The long-awaited natural-gas tax credits legislation just needed President Obama’s expected approval to be made retroactive for all of 2015 and extended through 2016 after the bill was passed by the House on Dec. 17 and the Senate on Dec. 18.

December 18, 2015
Government, Business

New Jersey Democrats Support Pairing Higher Gas Tax With Cuts

Democrats who control the New Jersey Legislature are ready to back a proposal to increase the state’s gasoline tax in exchange for cutting other levies.

December 8, 2015
Government, Fuel, Business

Georgia Truck Association, Carriers Sue Over Local Fuel Sales Tax

The Georgia Motor Truck Association and three carriers have filed a class action lawsuit against the state Department of Revenue alleging that a new law allowing cities and counties to impose a 1% per-gallon fuel sales tax is unconstitutional.

September 22, 2015
Business, Equipment

Senate Panel OKs Tax Relief For Equipment, Alt Fuels

Senate Finance Committee members agreed on a broad package of tax-extension provisions before leaving the capital for summer break, including those important to trucking.

August 17, 2015
Government, Fuel, Business

GOP Congressman Proposes Fuel Tax Increase

Rep. Tom Rice (R-S.C.) introduced legislation that would raise federal fuel taxes by 10.1 cents per gallon, and index the new rate to inflation as a way to ensure the long-term solvency of the Highway Trust Fund.

July 9, 2015