Gas tax increases key to fueling Washington transportation budgets

Washington state lawmakers are unveiling plans to increase gas taxes for the first time since 2016, with proposals from both the Senate and House. The Senate suggests raising the tax by 6 cents per gallon, bringing it to 55. 4 cents, while the House aims for a more aggressive 9-cent increase. Both proposals are designed to combat a projected $1 billion shortfall in the state's transportation budget over the next two years. The Senate's plan is expected to generate $1.

5 billion over the next six years, while the House estimates a total of $1. 8 billion. As construction costs balloon and gas tax revenues decline, including from more fuel-efficient and electric vehicles, lawmakers are searching for sustainable funding solutions. In addition to the gas tax hikes, the Senate plan proposes increased fees for electric vehicle registrations and a tax on luxury vehicles. This legislative effort reflects the urgency to maintain and improve Washington's transportation infrastructure amidst growing financial pressures.

Both plans are set to take effect on July 1, emphasizing a need for immediate action to address the state's funding challenges.