As state governments seek the best avenues to fund their highway infrastructure spending this year, many governors and legislators are looking closely at where making changes to motor-vehicle fuel taxation may get them.
As state governments seek the best avenues to fund their highway infrastructure spending this year, many governors and legislators are looking closely at where making changes to motor-vehicle fuel taxation may get them.
For example, legislation moving through the Georgia statehouse to raise $1 billion to fund transportation would lower the state’s fuel taxes by implementing new “excise taxes,” per an Associated Press news report.
Ad Loading...
Those might include a new $25 highway-user fee applied when license tags are renewed and a new $5 rental car fee as well as rolling back a sales-tax “holiday” on back-to-school purchases.
In addition, the Senate version of the bill would annually move $250 million from the state’s general fund to pay off debt service owed by the Georgia Department of Transportation.
Determined to head off that funding falloff before the current legislative session ends, Gov. Steve Beshear (D) reportedly said that letting the rate drop would cost Kentucky “hundreds of millions of dollars” in revenues needed for state and local highway projects.
Unless Kentucky legislators act, the tax rate will slip as it is adjusted quarterly based on the wholesale price of gas. Declining gas prices brought the rate down on Jan. 1st from 31.9 cents to 27.6 cents per gallon.
Ad Loading...
Per this quarter’s survey of gas prices, the rate will fall to 22.5 cents come April, according to Chuck Wolfe, spokesman for the Kentucky Transportation Cabinet.
ChargePoint has enabled more than 90 charging ports for the South Coast Air Quality Management District in Southern California. The project replaced outdated chargers with 55 new, Level 2 ChargePoint units capable of serving 94 vehicles simultaneously.
Pajarito Powder has appointed Christian Mohrdieck, who has a wealth of experience and knowledge in both the fuel cell and electrolyzer businesses, as its new CEO.
The average price of diesel remains above $5 per gallon in every U.S. region and nationally. With continued oil supply chain challenges in the Middle East, prices are significantly higher than a year ago and also two years ago.
48% of field service leaders are investing in AI to manage customer communication and self-service. Get the latest on how fleets are using AI and thinking about the future.
For commercial fleets and trucking operations, the change is designed to address a common pain point: travel expenses that fall outside traditional fuel controls.
The national average diesel price jumped by nearly 10 cents this week. However, EIA now provides a comparison with prices two years ago, showing diesel is 23.9 cents cheaper now.
As commercial battery-electric vehicle adoption continues to grow, what is the state of electricity as a fuel source, and what are the growth trends in charging capability in 2026?