Feb 12, 2025 · The HTF instability has worsened due to EV adoption, which is being encouraged at the federal level through tax incentives. Because EVs do not use gas, they do not contribute to the HTF through the federal gas tax. However, since the gas tax was last raised in 1993, the HTF faces insolvency due to more fuel-efficient vehicles on the roads ...

The legislation would ensure that electric vehicles (EVs) pay into the Highway Trust Fund (HTF) to support the construction and maintenance of U.S. roads and bridges. Unlike gasoline-powered cars, the sale or charging of EVs does not contribute to the HTF.

Mar 4, 2025 · Highway Trust Fund (HTF) expenditures are growing more quickly than the HTF’s primary revenue sources— user fees in the form of taxes on gasoline and diesel fuels. ... We Estimate the Fair SHARE Act’s EV Taxes Would Raise Almost $50 Billion over 10 years. Based on a series of estimates, we project the Fair SHARE Act would raise $48.75 ...

Aug 25, 2023 · However, increasing EV adoption adds to the financial pressures afflicting the federal Highway Trust Fund, which supports the construction and maintenance of our nation’s highways and transit systems. The HTF receives the majority of its revenue from federal excise taxes on motor fuel, also known as the gas tax.

Nov 2, 2023 · Citing the persistent insolvency of the HTF and the growing use of EVs, a handful of Senate Republicans recently introduced legislation that would impose fees on EV production and direct the revenues to the HTF. Titled the Stop EV Freeloading Act (S. 2882), the bill has the support of various organizations, including ASCE, that advocate for ...

The Highway Trust Fund (HTF) makes up over 90 percent of federal funds used for transportation projects. The HTF primarily receives its funding through the federal gas tax: 18.3 cents per gallon for gas and 24.3 cents per gallon for diesel. ... The Ford EV Mustang weighs nearly 5,000 pounds, and a Ford Mustang with an internal combustion engine ...

Apr 13, 2023 · These HTF scenarios also included a hypothetical VMT tax on EVs, which we set equal to the amount that the average gasoline-vehicle driver pays on a per-mile basis for federal and state taxes (2.0–2.5 cents per mile). One of the questions we were curious about was whether this new EV-only tax would deter consumers from buying EVs.

Therefore, this article presents a novel methodology to analyze the sustainability and the potential effects that a DWPT roadway can have on the electric power distribution grid. Historical traffic flow (HTF) data is converted using a Monte Carlo method to develop an EV traffic flow (EV-TF).

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Oct 20, 2023 · On Wednesday, October 18th, the U.S. House Transportation and Infrastructure subcommittee on Highways and Transit met to discuss the solvency challenges associated with the Highway Trust Fund (HTF). The committee called on several witnesses to provide insight on HTF challenges and opportunities for improvement of transportation funding to ...