WASHINGTON, D.C.—U.S. Representatives Greg Stanton (AZ-04) and Tony Gonzales (TX-23) this week introduced the bipartisan Highway Formula Fairness Act, legislation to allow rapidly growing western states like Arizona and Texas receive their fair share of federal Highway Trust Fund dollars.
The Highway Trust Fund finances most federal government spending for highways, transit, and highway safety programs. Revenues come from transportation-related excise taxes—mostly federal taxes on gasoline and diesel fuel, and the rest from heavy-duty truck-related taxes. However, these dollars are allocated to states based on a formula that has not been updated in more than 15 years.