Legislative Committee Approves Gas Tax Bill
by K2 News Desk, email@example.com
A key legislative committee has given its approval to a bill that would raise Wyoming's gas tax by 10-cents a gallon. Wyoming's current gas tax of 14-cents a gallon is the second lowest in the country.
The Joint Revenue Committee is also supporting another bill that would raise vehicle registration fees by $10 a year.
The two proposals would raise nearly $90 million in new revenue, with most of the money going towards highway maintenance.
Govenor Mead has already recommended the fuel tax increase, saying it would give WYDOT a predictable revenue stream to plan long term projects. But, Mead says he does not support the vehicle registration increase.
Both bills will now be formally introduced in the new legislative session which begins in January.