Fee Hike a Leading Contender to Raise Money for Roads
POSTED: Tuesday, October 16, 2012 - 12:33pm
UPDATED: Tuesday, October 16, 2012 - 12:44pm
AUSTIN, Texas — Texas lawmakers are mulling ways to raise more money for roads during next year’s legislative session and two proposals are drawing the strongest interest.
The Texas Association of Business has thrown its support behind a $50 hike in the annual fee Texas drivers pay to register vehicles, with the money earmarked for new transportation projects. Meanwhile, some key lawmakers favor dedicating to roads the sales tax from vehicle purchases that Texans already pay.
As the 2013 legislative session approaches, transportation advocates have been trying to draw more attention to severe shortages in road funding, stressing that delaying road work around the state will lead to more congested roads and more expensive fixes later on.
Read more from the Texas Tribune.