By Carolyn Kramer, manager, Transportation Investment Advocacy Center
Fifteen states have approved legislation to support transportation funding so far this year, with several others still considering legislation. Details are contained in the July edition of the State Funding Initiatives Report produced by the Transportation Investment Advocacy Center.
Seven states have increased motor fuel taxes. Others have adjusted their variable-rate gas taxes to avoid loss of revenue, increased transportation-related fees, or approved one-time funding actions. Additionally, two states are asking voters this fall to approve transportation funding measures, with another state is asking voters to create a transportation infrastructure bank.
To date, approximately $6.5 billion has been approved by states to maintain and modernize transportation infrastructure.