Iowa drivers would save more than 18 cents per gallon on gasoline if federal lawmakers paused the federal gas tax, and another 30 cents per gallon if the state did
Over the past 12 months, Iowa net tax revenue has increased $750.3 million or 7.6 percent. That comes despite low levels of economic activity that occurred during the early months of the COVID-19 pandemic. Tax collections were helped by a recent surge in consumer spending due in part to pent-up demand and federal stimulus payments.
The Iowa Transportation Commission approved $1.8 million in grants Tuesday. The grants will assist Burlington Trailways, Jefferson Lines, and the city of Fort Dodge for the 2022 Intercity Bus Program.
As traffic on Iowa roads increases, DOT sees positive revenue trend thegazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegazette.com Daily Mail and Mail on Sunday newspapers.