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TIAC tracks the latest state & local transportation funding news. To contribute to this effort, contact Carolyn Kramer Simons.
States Evaluate Transportation Funding Needs, Gas Tax Holidays
Several states are confronting transportation funding challenges as maintenance costs rise, and traditional revenue sources face pressure. The Virginia Department of Transportation reported a projected $1.7 billion funding gap for highway maintenance over the next six years. The shortfall follows a 2025 budget decision that [...]
Legislative Sessions Begin With Revenue Concerns
As state legislative sessions get underway, transportation funding shortfalls are emerging as a central issue across several states. In his Jan. 20 budget address, Vermont Gov. Phil Scott (R) proposed shifting a tax on new vehicle purchases from the General Fund to the Transportation Fund. [...]
Eyes on State Transportation Funding in 2025
What’s happening: Several states are preparing to tackle long-term transportation funding shortfalls during the 2025 legislative session. Among them: Maine lawmakers are considering a variety of options while facing a projected $280 million transportation fund deficit by fiscal year 2027, about a quarter of the [...]
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: [...]
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