TN Assembly Agrees to Raise Gas and Diesel Taxes to Fund Roads

Tennessee House and Senate approved versions of the governor's transportation plan, including a 6-cent increase in the state's gas tax and 10-cent diesel tax hike

BizJournals.com

Tennessee Gov. Bill Haslam's hotly debated transportation-funding plan has made its way out of the General Assembly.

After hours of debate, both the House of Representatives and the Senate on Wednesday approved the governor's transportation plan, which most notably includes an increase to the state's gas and diesel tax by 6 cents and 10 cents respectively, in addition to several tax cuts.

There are differences between the versions passed, but if either the House or Senate agrees to conform to the other, then the bill could avoid going to conference committee.

(more on new TN road funding plan . . . )

Latest