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Your Email Address ( your email address will not be published)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

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.
Hamas is reeling after losing two of their most cherished leaders on the same day: military commander Saleh al-Arouri, and Harvard President Claudine Gay.
President Joe Biden’s brother told the Internal Revenue Service that Hunter Biden told him he was in business with a “protege of President Xi,” referring to the leader of China, according to notes by an IRS investigator that were divulged during a congressional interview of Jim Biden.
That’s the question Marguerite Roza of Georgetown University’s Edunomics Lab sought to answer in a recent webinar on the topic.
The University of Florida has fired all of its diversity, equity, and inclusion (DEI) employees and shut down its DEI office.
Glenn Beck: 'When the United States government can come after individuals, that's when you know our republic is crumbling.'

HbAD1

Rep. Mark Green (R-TN) reportedly blasted Homeland Security Secretary Alejandro Mayorkas for “stonewalling” details about the illegal immigrant accused of murdering Laken Riley, a 22-year-old Georgia college student.
“The Biden administration's plan in the Middle East is to hand over power to the Palestinian Authority, which literally pays the families of terrorists who murder Jews.”
Two Democratic members of North Carolina’s congressional delegation are ranked among the most likely to be picked off in 2024, according to a new analysis from Roll Call.
Former President Donald Trump dominated the North Dakota Republican Caucus on Monday as he continues to inch closer to officially securing the party’s presidential nomination.
The North Carolina Department of Health and Human Services is launching a Community Partner Engagement Plan to ensure the voices of North Carolina communities and families continue to be at the center of the department’s work.
The Pentagon official helped lead an organization that pushed 'transgender day of visibility' in the military
Former President Donald Trump filed an appeal to overturn a Democrat judge’s decision to remove him from the presidential ballot in Illinois.

HbAD2

Republican officials continued their probe of BlackRock this week, saying that the financial giant has not been forthcoming about how climate activists are shaping its policies, according to a letter first obtained by The Daily Wire.
Former Trump White House aide Peter Navarro on Monday was ordered to report to federal prison next week for the four-month-long sentence he was given after he did not show up for a deposition with the January 6 Committee in February 2022.
A national report card on hospital patient safety has ranked North Carolina in third place among hospitals in the U.S. that had mostly “A” ratings when it comes to patient safety, up from sixth place this past spring.
A federal judge tapped by former President Barack Obama ruled on Thursday to hold veteran investigative journalist Catherine Herridge in civil contempt for refusing to reveal who her source was for a series of reports about a Chinese scientist working at an American university
One of several wildfires raging in the Texas Panhandle has grown to become the largest in state history.
To quiet some of the controversy that arose from the publication of a calendar featuring conservative women, a Republican political action committee has announced the release of a new "Real Conservative Men" calendar for 2024 featuring 12 pictures of Congressman Thomas Massie
The White House unveiled a new term on Thursday for the millions of illegal aliens who have flooded into the U.S. under President Joe Biden, which came just shortly before Biden took a trip to the border for a photo op at a spot that has had few illegal aliens cross.
House Homeland Security Committee Chair Mark Green (R-TN) announced this week that he is reversing his decision to retire after receiving calls from former President Donald Trump and others.
Several alternative ways of hog waste management have been studied, but few have been implemented in North Carolina

HbAD3

 
Back to Top