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TIAC tracks the latest state & local transportation funding news. To contribute to this effort, contact Carolyn Kramer Simons.
North Carolina Senate Budget Proposes New Transportation Funding
The North Carolina Senate Republicans have released a budget proposal that includes several measures to increase available transportation funding in the state. These include: Raising the maximum tax that can be charged for commercial and residential vehicles to $2,000 by January, and to $3,000 by [...]
Ohio House Passes Toll for Ohio River Bridge
In an 86-7 vote on Wednesday, the Ohio House passed legislation to toll the Brent Spence Bridge, which connects Covington, Ky. and Cincinnati, to raise revenues to make needed repairs to the structure. The bridge also connects Interstates 71 and 75 from Ohio into Kentucky, [...]
Survey Results Indicate Travel Industry Support for Increased Infrastructure Investment
Ninety three percent of U.S. Travel Association members believe there is a need for greater investment in maintaining and upgrading our nation’s infrastructure, and that all funding options should be on the table. This was one of the key findings from a survey put out by [...]
MARTA’s $300 Million June Bond Sale will Fund Capital Improvements
Georgia’s Metro Atlanta Rapid Transit Authority (MARTA) is planning to sell $300 million in revenue bonds on June 5 in order to fund capital improvements and refinance short-term loans. Capital improvements include $100 million for new rail signal systems and a new facility for paratransit [...]
Bill Creating Transportation Infrastructure Bank Clears New Jersey Senate Panel
This Monday, New Jersey’s Senate Transportation Committee passed legislation to create a transportation infrastructure bank. The infrastructure bank would help finance bridge and road repairs, along with other major projects, and is the second time in two years that such a measure has been proposed. [...]
New Hampshire Governor Signs Gas Tax Bill Into Law
Gov. Maggie Hassan signed legislation to raise the New Hampshire gasoline and diesel fuel taxes by four cents per gallon, the first increase in 23 years. The tax will go into effect July 1 and had bipartisan political and business community support. The new gas [...]
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