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Tennessee
TIAC tracks the latest state & local transportation funding news. To contribute to this effort, contact Carolyn Kramer Simons.
Jan. 10: State Transportation Funding News Roundup
In Idaho, House Transportation Chairman Joe Palmer (R) proposed legislation to transfer $272 million from the state’s Budget Stabilization Fund for a new account to help pay for transportation projects. Read more>> Gov. Brad Little (R) also supports further transportation investment. He has proposed a [...]
November 22: State Transportation Funding News Roundup
Connecticut Gov. Ned Lamont (D) proposed a $21 billion, decade-long transportation funding plan for multimodal transportation improvements. Toll assessments—beginning in 2023, and ranging from 50 cents to $7—would be used to repay federal loans for the projects. Read More>> Also in Connecticut, state [...]
May 17: State Transportation Funding News Roundup
Due to additional transportation revenue from a 2015 fuel tax increase, the Iowa Department of Transportation's Fiscal Year 2019-2023 Improvement Program released May 8 shows over $1 billion dedicated to improve state-owned bridges and $1.8 billion to modernize and improve the safety of Iowa's highway [...]
April 28: State Transportation Funding Legislation Update
Signed into law Tennessee’s IMPROVE Act— legislation that increases the state gas tax and other transportation-related fees— was signed into law by Gov. Bill Haslam (R) on April 26. The bill is estimated to generate $350 million annually. Indiana’s House Bill 1002— a bill that [...]
April 24: Tennessee Legislature Approves $350 Million Annual Transportation Funding Increase
The Tennessee legislature gave final approval on April 24 for the “Improving Manufacturing, Public Roads and Opportunities for a Vibrant Economy” (IMPROVE) Act, a bill that will: Gradually increase the state gas tax by 6 cents-per-gallon (beginning with a 4-cent increase on July 1 and [...]
April 21: State Transportation Funding Legislation Update
Today Indiana House and Senate leaders reported on April 19 that they had reached a deal to provide long-term transportation funding, including a 10 cents-per-gallon motor fuel tax increase (indexed to inflation for the next seven years, with a cap of 1 cent increase per [...]
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