AGC Highway Facts Bulletin
www.agc.orgMay 12, 2017
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On the Inside
House Members Continue to Push Highway Trust Fund Fix as Part of Tax Reform
Infrastructure Week – TCC Fly-In next Week
Carolinas AGC Successfully Pushes Gas Tax Increase in South Carolina
House Members Continue to Push Highway Trust Fund Fix as Part of Tax Reform
DEADLINE MAY 19- Tell your Rep. to Sign Bipartisan Letter
 

As the push continues for Congress to fix the Highway Trust Fund, a bipartisan group of members of the House of Representatives are circulating a letter calling for a permanent Highway Trust Fund fix to be included in any tax reform package. If you recall, Representatives Graves and Holmes Norton circulated a similar letter last year (check here to see if your Rep. signed the 2016 letter) that was signed by 130 bipartisan members of the House. Help us to significantly increase that number by contacting your Representative and asking them to sign on to the letter. So far, 111 members of the House have signed onto this year’s letter.  See if your member has signed on and, if so, send an email thanking them for their support.

Attendees at next week’s TCC Fly-In will be bringing this message to Capitol Hill and urging their House representative to sign onto the Graves/Holmes Norton letter. In addition to signing the Graves/Holmes Norton letter, attendees will also be asking their members of Congress to fully fund the FAST Act’s authorized levels for FY 2018 and increase airport infrastructure investment as part of the FAA authorization.

The FAST ACT provides funding certainty for the Highway Trust Fund through fiscal year 2020.  However, following the FAST Act's expiration, the Highway Trust Fund will face cuts of approximately $18 billion per year.  A permanent fix for the Highway Trust Fund needs to be found in order to eliminate these cuts.

The letter – which is being circulated by Transportation & Infrastructure Subcommittee on Highways and Transit Chairman Sam Graves (R-Mo.) and Ranking Democrat Eleanor Holmes Norton (District of Columbia) – is asking House Ways & Means Committee Chairman Kevin Brady (R-Texas) and Ranking Democrat Richard Neal (Mass.) to fix the Highway Trust Fund in any tax reform package that the committee considers. Return to Top

Infrastructure Week – TCC Fly-In next Week
 

AGC of America is once again one helping to support and promote Infrastructure Week – a national week of education and advocacy that brings together American businesses, workers, elected leaders, and everyday citizens around the message #TimeToBuild.  Next week – May 15-19, 2017 – advocates around the country will highlight the state of our nation’s infrastructure and encourage lawmakers to invest in and modernize our roads, bridges, highways, airports, waterways, ports, and water systems. The Transportation Construction Coalition’s 2017 Legislative Fly-In will be one of many capstone events highlighting the need for infrastructure improvement.

In addition to the TCC Fly-In, AGC of America will be engaged in a social media campaign during the week to help educate the broader public and Congress about the many benefits of investing in our aging infrastructure.  AGC chapters and member firms can sign up to become Affiliates of Infrastructure Week.  All Affiliates have access to a number ofdownloadable resources, including suggested social media content, template press release, template op-ed/blog post and a message guide.  In addition, there are already a number of activities taking place in cities around the country during Infrastructure Week. Please feel free to reach out to the groups organizing those events to participate. Return to Top

Carolinas AGC Successfully Pushes Gas Tax Increase in South Carolina
Governor’s Veto Overridden
 

The South Carolina Legislature voted May 10 to override a veto by Gov. Henry McMaster of a transportation funding bill that is projected to generate more than $640 million a year in additional funding for road and bridge needs when fully implemented in 2023. The measure generates the revenue by increasing the state’s motor fuels tax by 12 cents per gallon, in 2 cent per year increments starting July 1. Carolinas AGC was a leading members of the South Carolina Alliance to Fix Our Roads, a broad coalition effort of interested business groups in support of the measure.

Highlights of the legislation include.

Funding:

  • Increases the gas tax 2 cents a year over the next six years
  • Increases biennial registration fees on private passenger vehicles by $16
  • Imposes an “Infrastructure Maintenance Fee” on the purchase of a motor vehicle (capped at $500). This increases/replaces the current $300 sales tax/cap on motor vehicles
  • Imposes a one-time $250 fee for individuals who transfer a motor vehicle from another state
  • Creates new registration fees for alternative vehicles: $120 for vehicles powered by anything other than motor fuel; and $60 for hybrid vehicles.
  • Imposes a Motor Carrier Roads Use Fee
  • Note - the bill DOES NOT include indexing

Tax Reductions and Credits:

  • Creates tax rebates to offset S.C. residents paying a higher gas tax and driving fees (up to $114 million)
  • Provides a two wage earner tax credit
  • Provides for an earned income tax credit
  • Provides for a manufacturing, business personal property tax reduction
Return to Top

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