Nevada law would raise state gas tax if federal tax is cut
Updated: May 6, 2008 04:49 PM PDT
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Motorists in Nevada might not see a savings at the pump if Congress approves a gasoline tax holiday touted by two presidential candidates.
A state DOT official says Nevada has a law to increase fuel taxes to offset any drop in the federal tax. It’s designed to ensure funding for construction projects and bond funding.
Republican presidential candidate John McCain and Democrat Hillary Clinton have proposed suspending the 18.4 cents-per-gallon federal tax from Memorial Day to Labor Day to provide relief to motorists facing rising fuel prices.
But NDOT planner Kent Cooper says without gas tax funds, Nevada would be unable to provide services such as repaving, restriping and plowing roads.
The state would also have to cancel construction projects like the Interstate 15 widening project north of downtown Las Vegas. Cooper says canceling projects costs a whole bunch of money.
Lee ADDS: I wonder just what hack thought up and promoted this piece of Legislation? Dina Taxitus?
