Transportation & Infrastructure Funding
Last Updated: February 22, 2016
The Highway Trust Fund (HTF), which is the primary source of funding for our nation’s roads, is not generating sufficient revenues to support the needs of the nation’s growing transportation needs. The HTF is funded by a federal excise tax on gasoline of 18.4 cents per gallon and diesel tax of 24.4 cents per gallon, as well as other fees. The authorization for the gasoline and diesel fuel excise taxes that was included in the highway funding bill passed by Congress in December 2015 will expire in 2020.
NACS believes a sensible approach to funding should be found that ensures all users of the roads system pay their fair share and which does not impose unreasonable compliance burdens on retailers or change the competitive structure of the market. NACS supported the highway bill signed into law in December 2015.
A well maintained highway system is vital to our economy and to our industry, which sells over 80% of our country’s motor fuels. The passage of a long-term highway funding bill with a dedicated funding stream ensures that the federal highway system will continue to be maintained and grow to meet the needs of our nation’s drivers.