This week, retiring Chairman of the House Committee on Transportation and Infrastructure Bill Shuster introduced what is presumably the last policy proposal of his congressional career. The congressman’s desire to address infrastructure legislation is well known, and although he acknowledges that the chances of his proposal becoming law are slim, he believes it is a good place to start the conversation.
The proposal would nearly double the current federal gas tax, which funds the Highway Trust Fund, to 33.4 cents per gallon. The increase would be phased in over 3 years, followed by the total elimination of the tax after 10 years. The proposal also establishes a commission tasked with recommending a new revenue plan for the Highway Trust Fund that doesn’t involve a gas tax.
The Federal Liaison Center will continue to monitor this legislation.