EV User Fee Hike in Road Funding Plan Is Defended by State Lawmakers
The law allocates up to $1 billion annually from corporate taxes and adds a 24% marijuana tax expected to generate $420 million yearly for road repairs.
8 Articles
8 Articles
Michigan marijuana sales plunge in September as state balances budget on new 24% tax
Michigan marijuana sales are cratering at a time when lawmakers expect the industry to contribute hundreds of millions of dollars to help fix the damn roads. Gov. Gretchen Whitmer signed a new $81 billion state budget into law last week. It includes a 24% tax on wholesale marijuana, which lawmakers expect will generate $420 million per year toward the state’s $3.9 billion annual road funding shortfall. But after a record sales month in August, s…
EV user fee hike in road funding plan is defended by state lawmakers
By Anne Snabes MediaNews Group During a stop in Clinton Township Monday Michigan House Speaker Matt Hall defended a hike in registration fees for electric vehicles under a budget deal struck earlier this month, contending the new fees will bring EV users and internal combustion engine motorists to “the same level” when it comes to user taxes. A road-funding plan — touted at a bipartisan event Monday in Clinton Township with Gov. Gretchen Whitmer…
Road funding 101: What to know about Michigan’s $2B deal
Michigan will see its largest-ever road funding increase after Gov. Gretchen Whitmer signed a new plan into lawPot taxes will go up, business tax breaks will be delayed and the state will swap sales tax for a gas tax hike to increase road fundingLocal road agencies, who were largely left behind in Whitmer’s prior bonding initiative, will see large funding increases as a resultGov. Gretchen Whitmer and policymakers took a victory lap Monday as th…
Whitmer signs Michigan road funding package as key pieces of revenue face scrutiny
A hard-fought deal to fund road repairs in perpetuity was inked Monday morning, cementing a legacy item for Michigan’s governor who campaigned tirelessly on fixing the damn roads. But two of the primary tax revenue sources in the plan face…
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