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T.R.U.S.T.

Congress Looks to States for Highway Trust Fund Revenue Solution

Transport Topics By Valerie Yurk | CQ-Roll Call

November 1, 2022

WASHINGTON — As electric vehicles appear more and more to be the future of transportation in America, the decades-old method of funding the nation’s roads and bridges with gasoline taxes will soon be a relic of its past. Yet, the last time Congress addressed declining revenues in the federal Highway Trust Fund due to the growth of more fuel-efficient vehicles and EVs, it punted much of the preliminary planning to the states.

When the $1.2 trillion bipartisan infrastructure law was enacted in 2021, Congress included $125 million for states to develop new financing plans for infrastructure programs based on motorists paying fees for the miles they drive rather than for the amount of fuel they use as well as for a federal effort to synthesize the various state plans and create a national funding plan.


View the full article: TTNews.com

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