- Texas Highway Fund Will Reap Millions From New EV Registration Fees
- White House Marks Infrastructure Week With Updated List Of Funded Projects
- Gary Godbersen Enters ARTBA Foundation Hall Of Fame
- These are just some of the toll industry developments TRN is following.
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Texas Highway Fund Will Reap Millions From New EV Registration Fees
The Dallas Morning News reports, on May 13, Texas Governor Greg Abbott (R) quietly signed into law a bill that imposes an additional fee of $400 for registering a new electric vehicle (EV), and requires EV owners to pay a $200 annual registration fee. Advocates said the bill (SB 505) will ensure that drivers who don’t pay petroleum fuel taxes bear a “fair share” of highway costs. The new fees are expected to increase state highway fund revenue by at least $38 million in 2024, the first full year of implementation. According to a local source cited by the newspaper, Texas currently has almost 200,000 registered EVs after gaining an additional 30,000 so far this year.
Company and Agency Financial Issues And Reports Electric and Hybrid Vehicles Texas Texas Department of Transportation (TxDOT)White House Marks Infrastructure Week With Updated List Of Funded Projects
The Hill reports, President Biden is again touting the results of the the Bipartisan Infrastructure Law (IIJA) he championed. “In the year and a half since the law was enacted, the Biden administration has announced more than $220 billion in funding through the legislation, covering more than 32,000 projects that span all 50 states.” The legislation earmarked $1.2 trillion for building out and improving the nation’s infrastructure, from transportation to broadband to water pipes. Among the investments: more than 4,600 bridge projects and 69,000 miles of road repairs started in the current fiscal year.
The White House has released an updated set of fact sheets on funded projects for all 50 states, Washington, DC, and the U.S. territories.
Highway and Bridge Maintenance US Department of Transportation (USDOT) US Gov't Transportation Funding US Infrastructure Funding And Financing InitiativesGary Godbersen Enters ARTBA Foundation Hall Of Fame
The American Road and Transportation Builders Association (ARTBA) Foundation announced that the late Gary Godbersen is the sole 2023 inductee into its Transportation Development Hall of Fame. Godbersen, who died in January, was an innovator and business leader in the concrete slipform paving industry for almost 60 years. He was the president and CEO of Godbersen Manufacturing Company (GOMACO), which he co-founded in 1963. In 2002, ARTBA named Godbersen to a list of “Top 100 Private Sector Transportation & Design Construction Professionals of the 20th Century.”
American Road & Transportation Builders Assoc. (ARTBA) Industry Awards & Recognitions Transportation and Infrastructure Research & DevelopmentThese are just some of the toll industry developments TRN is following.
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