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Tennessee
TIAC tracks the latest state & local transportation funding news. To contribute to this effort, contact Carolyn Kramer Simons.
States Face Pressure to Raise Revenue
What happened: Several states announced transportation funding concerns in the first month of the new year, including: New Jersey is facing a June 30 deadline to renew the state's Transportation Trust Fund. Several options are being discussed, including a new electric vehicle fee. Massachusetts Gov. [...]
Tennessee Governor Approves $3.3 Billion Transportation Investment
Tennessee Gov. Bill Lee (R) on April 13 signed legislation providing $3.3 billion in new transportation funding, including: A one-time general funding transfer; Higher fees on electric vehicle, gradually increasing from $100 to $274 annually then indexed to changes in inflation with a three percent [...]
Tennessee has $62.9 billion in Infrastructure Needs, Report Finds
What happened: The Tennessee Advisory Commission on Intergovernmental Relations (TACIR), a nonpartisan research organization formed by the General Assembly in 1978, reported Jan. 2023 that the state has $62.9 billion in unmet infrastructure needs – a $1.2 billion increase year over year. Why it matters: [...]
Tennessee Governor Unveils Transportation Blueprint
What happened: Tennessee Gov. Bill Lee (R) Dec. 2 announced a policy “blueprint” to address the state’s transportation funding shortfalls stemming from declining gas tax revenues and a growing number of electric vehicles (EVs). Lee’s “Build With Us” initiative outlines several possible funding solutions – [...]
COVID-19 Pandemic: State Transportation Funding Updates
Wyoming state legislators are exploring transportation revenue and safety solutions as they face a $135 million annual shortfall. Their proposals to make up the revenue include new tolls, a road usage charge, and increasing the state’s 24-cents-per-gallon fuel tax, unchanged since 2014. Read more>> [...]
COVID-19 Pandemic: State Transportation Funding Updates
In Ohio, Hamilton County voters narrowly approved a sales tax increase to raise $130 million additional annual revenue for transportation. Issue 7 raised the county sales tax by 0.8 percent to 7.8 percent for the next 25 years. The money will be applied to bus [...]
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