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Taxes


Concern Over the Economic Cost of Tariffs Continues to Rise

The economic impact of Trump administration tariffs imposed on a number of goods, but especially steel and aluminum, continues to generate growing concern – especially regarding the cost of infrastructure projects....


IAAP Bill to Extend Mining Equipment Sales Tax Exemption Signed Into Law

The IAAP legislative initiative to extend the sales tax exemption on mining equipment, HB 4415, was signed into law by Governor Rauner on June 29. The exemption, which was scheduled to sunset in August of this year, has now been extended until July 1, 2023....


Tariffs Threaten to Push Highway Project Costs Higher

The Trump administration's long-threatened imposition of tariffs on steel and aluminum imported from Canada, Mexico and the European Union went into effect at midnight on May 31 – a move that is hiking construction costs for state departments of transportation across the country, especially for steel-intensive bridge projects, while also potentially forcing a redirection of funds away from future endeavors....


United States to Push Steel, Aluminum Tariffs on EU, Canada, Mexico

WASHINGTON -- The Trump administration announced May 31, it will impose tariffs on steel and aluminum imports from Europe, Mexico and Canada after failing to win concessions from the American allies. The decision could provoke retaliatory penalties and exacerbate trans-Atlantic and North American trade tensions....


Gov. Wolf Announces Funding Increase for Municipal Projects

Gov. Tom Wolf announced the distribution of nearly $489 million in 2018 liquid fuels payments to municipalities through the Pennsylvania Department of Transportation (PennDOT) to help them maintain local roads and bridges....


Interstate 95 Coalition Kicks Off Three-Month Pilot Study

As part of its effort to explore replacing the current fuel tax with a mileage-based user fee or “MBUF” to generate highway funding the I-95 Corridor Coalition, with the Delaware Department of Transportation as the lead, is launching a three-month pilot study starting in May....


Local Gas Tax Idea Rebuffed by La. House Tax Committee

BATON ROUGE, La. (AP) Louisiana parishes and municipalities won't be able to raise their own gas taxes to pay for road and bridge work. Lawmakers on the House tax committee spurned a proposed constitutional amendment March 26 that would have removed an existing ban keeping local governments from levying taxes on motor fuels....


Virginia Senate OKs Raising Fuel Tax for I-81 Improvements

RICHMOND, Va. (AP) An additional fuel tax of 2.1 percent would be levied in western Virginia under a Senate bill approved Feb. 13 creating a regional transportation fund to help pay for improvements on busy Interstate 81....


Gas Tax Bolsters State's Road Maintenance Funding

A higher gas tax that took effect July 1, 2017 has brought in millions of dollars to help pay for much-needed improvements to South Carolina's roads and bridges. According to Christy Hall, head of the South Carolina Department of Transportation, the agency anticipates receiving around $149 million in 2018 for these projects, The State reported....


Chamber of Commerce Proposes Gas Tax to Pay for Infrastructure

The U.S. Chamber of Commerce is pushing for an increased gas tax to fund America's infrastructure. Chamber President Tom Donohue suggested an increase of 25 cents to the gas tax over the next five years, but said that the group would not oppose increasing the tax all at once instead, The Hill reported....





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