Thursday, February 2, 2017

House leaders push alternative to Haslam's gas tax plan

by Joel Ebert , USA TODAY NETWORK - Tennessee -  Tennessee's transportation needs can be paid for by using a portion of the existing revenue generated through the sales tax instead of increasing the gas tax, according to an alternative funding proposal outlined Wednesday by a leading House Republican.

The specifics of the proposal are relatively simple compared to Gov. Bill Haslam's plan: The alternative plan would take a quarter of 1 percent of the state's 7 percent sales tax and allocate those funds to the Tennessee Department of Transportation. Rep. David Hawk, an assistant leader in the House, has been working on the plan since he entered leadership in November.

The plan, which would raise $291 million a year, would utilize existing funds the state receives without raising taxes. (read more)

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