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Gas tax increase limited in fixing Iowa road funding gap
A Legislative Services Agency review finds a 10-cent per gallon gas tax raise would still fall short of the $215 million annual gap for Iowa road maintenance and construction. Alternatives include an indexed increase tied to CPI or a hybrid 5 cent tax cut with a 5 percent sales tax, but revenue certainty varies with fuel prices.
MENTIONED IN THIS ARTICLE
Iowa
Legislative Services Agency
LSA
Iowa Department of Transportation
Terry Branstad