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House GOP chairman introduces draft of infrastructure plan

House GOP chairman introduces draft of infrastructure plan

The Hill
BY BRETT SAMUELS - 07/23/18 07:06 PM EDT  

Rep. Bill Shuster (R-Pa.), the chairman of the House Transportation and Infrastructure Committee, released a draft of a long-awaited infrastructure plan on Monday that addresses possible funding sources for a number of potential projects, and levies taxes on multiple fuel sources.

The bill calls for significant federal investment in infrastructure projects and grant programs through at least 2021. It includes billions of dollars in grant funding, as well as trillions in appropriations for projects of national significance, though the numbers — along with the rest of the proposal — are subject to change.

To provide at least partial funding, the draft calls for a 15-cent-per-gallon tax on gasoline and a 20-cent-per-gallon tax on diesel. The increases would be phased in over a 3-year period. At that point, the fees would be indexed to inflation before they are ultimately eliminated in September 2028... FULL ARTICLE

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