Governor Signs Bill to Stabilize Transportation Funding | Eastern North Carolina Now

News Release:

    Raleigh, N.C.     Governor Pat McCrory signed legislation that will immediately reduce North Carolina's gas tax as part of a finance plan that will stabilize revenue needed for the state's transportation projects.

    The bill reduces the state tax motorists pay today on a gallon of gasoline from 37.5 cents to 36 cents effective April 1, 2015. The gas tax rate will be further reduced to 35 cents on January 1, 2016 and drop to 34 cents on July 1, 2016.

    "This bill will allow us to build roads, strengthen bridges and fix potholes so people can get to their jobs, go to school, see their doctors and drive to the mountains or the beach," Governor McCrory said. "We now have a gas tax that is based on North Carolina's transportation needs instead of the unpredictability of the world oil market."

    Previously, the state's gas tax was based on the fluctuating international wholesale price of crude oil.

    After January 1, 2017, the gas tax will be calculated on a formula with a 34 cents per gallon base price plus calculations drawn from the Consumer Price Index and the state's population change.

    Stabilizing transportation revenue was one of the goals Governor McCrory set in his State of the State Address.

    The new gas tax system will require the North Carolina Department of Transportation to reduce its budget by $13.5 million. The elimination of 40 positions will be among the cuts made to meet that budget reduction.


    Contact: Crystal Feldman
       govpress@nc.gov
Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




Governor McCrory Proclaims March 31 "Richard Petty Day" Statewide, Government, State and Federal McCrory Administration Holds Graduation Ceremony For HUB's Gold STAR Contractors College


HbAD0

Latest State and Federal

House Judiciary Chair Jim Jordan (R-OH) is looking into whether GoFundMe and Eventbrite cooperated with federal law enforcement during their investigation into the financial transactions of supporters of former President Donald Trump.
Far-left Rep. Alexandria Ocasio-Cortez (D-NY) was mocked online late on Monday after video of her yelling at pro-Palestinian activists went viral.
Daily Wire Editor Emeritus Ben Shapiro, along with hosts Matt Walsh, Andrew Klavan, and company co-founder Jeremy Boreing discussed the state of the 2024 presidential election before President Joe Biden gave his State of the Union address on Thursday.
Former U.N. Ambassador Nikki Haley said this week that the criminal trials against former President Donald Trump should happen before the upcoming elections.
Vice President Kamala Harris ignored recommendations while attorney general of California to investigate an alleged pyramid scheme at a company linked to her husband, according to documents obtained by The New York Post.
'The entire value add of Hunter Biden to our business was his family name and his access to his father, Vice President Joe Biden'
Robert F. Kennedy Jr. announced on Tuesday that he has selected Nicole Shanahan to be his vice presidential running mate as he continues to run as an Independent after dropping out of the Democratic Party’s presidential primary late last year.
The campaign for former President Donald Trump released a statement Saturday afternoon condemning the White House’s declaration of Easter Sunday as “Transgender Day of Visibility.”

HbAD1

On Tuesday, another Republican announced that he plans to retire early from the House, a decision that would further diminish a narrow GOP majority in the lower chamber.
"President Trump is moved by the invitation to join NYPD Officer Jonathan Diller’s family... "
Arkansas Republican Governor Sarah Sanders said on Tuesday that the state would ban the use of “X” on driver’s licenses and that state IDs must identify the individual as either male or female, according to an announcement first shared with The Daily Wire.
The State Board of Elections and local district attorneys argue that a recent change in North Carolina election should prompt a federal court to throw out a lawsuit from felon voting advocates.
A former Boeing employee who raised safety concerns related to the company’s aircraft production was found dead this week.
Pro-life advocates slammed a decision on Friday from pharmacy giants Walgreens and CVS to begin selling abortion pills.
Rep. Eric Swalwell (D-CA) used up his time during a Tuesday hearing on Capitol Hill to lay out a case against former President Donald Trump — and then appeared to get frustrated when the witness, Special Counsel Robert Hur, refused to help him do it.
The state Supreme Court will decide in the months ahead whether the family of a man who suffered a violation of his speedy-trial constitutional right can seek money damages against the state.

HbAD2

Bud Light’s parent company, Anheuser-Busch, is estimated to have lost over one billion dollars in sales after the brand faced boycotts from conservatives over its partnership with trans-identifying influencer Dylan Mulvaney.
Sen. Bernie Sanders (I-VT) introduced a bill Wednesday that would shave 8 hours off the standard 40-hour work week that has been around for several decades.
Former President Donald Trump defeated former U.N. Ambassador Nikki Haley by a wide margin in the Missouri Republican Party caucus on Saturday, according to projections from the Associated Press.
The North Carolina Supreme Court heard arguments Tuesday in the case of an Alamance County racetrack that was forced to shut down during the pandemic.
Missouri Attorney General Andrew Bailey announced a lawsuit against Planned Parenthood on Thursday, accusing the organization of trafficking young girls for out-of-state abortions.
President Joe Biden took direct aim at Supreme Court Justice Clarence Thomas during a recent interview, referring to him simply as “the guy who likes to spend a lot of time on yachts.”
Former President Donald Trump suggested this week that if he becomes president again, he might allow Prince Harry to be deported.
Vice President Kamala Harris will visit a Minnesota Planned Parenthood clinic, reportedly the first time a president or vice president has visited an abortion facility.
Sen. Ted Cruz (R-TX) said this week that the only campaign promise President Joe Biden has delivered on as president is the complete dismantling of the U.S. southern border.

HbAD3

 
Back to Top