Tax Fuel News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MISSOURI- Missouri has not seen a rise in fuel tax since 1996, but that could change soon.
The Missouri Senate’s Transportation, Infrastructure and Public Safety Committee discussed Senate Bill 262 Tuesday morning that could raise the state’s fuel tax by 10 cents over the next five years. That means a two cent increase each year until it becomes 27 cents by 2026.
The tax revenue will go toward maintaining the state’s roads and bridges. A 2020 study ranked Missouri as having the 8th worst road infrastructure in the nation. Unsurprisingly, there is a correlation between low spending and poor road infrastructure.
Dave Schatz, President Pro Tem of the Missouri Senate and author of the bill, said this discrepancy is holding Missouri back. ....

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