Rep. Shuster Believes Tax Bill Key to Infrastructure Funding

House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) said Sept. 11 that a comprehensive tax code rewrite could be the solution to fixing the insolvency of the Highway Trust Fund, according to BNA.

Speaking at the National Asphalt Pavement Association, Rep. Shuster said while there was no guarantee that a transportation revenue measure would be in legislation to rebuild the tax code, funding for federal highway and transit programs is one area where members of the finance committees may find common ground.

Rep. Shuster joins a growing number of lawmakers who have expressed an interest in changing the tax code as a means of finding money for surface transportation projects.  Senate Environment and Public Works Committee Chairman Barbara Boxer (D-Calif.) made similar comments earlier this summer.

Although lawmakers have yet to throw support behind one solution to problem of diminishing infrastructure revenues, many have said that it would be difficult to introduce a stand-alone measure to increase the gas tax, which is the current revenue source for the Highway Trust Fund.

The current Highway Reauthorization bill is set to expire in October 2014.

 

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