News Release
Maryland Chamber of Commerce Pushes for Long-Term Transportation Funding Solutions
Jun 29, 2023
Annapolis, Md. — On July 1, Maryland’s tax on gasoline will increase from 42.7 cents to 47 cents per gallon and the state’s tax on diesel will increase from 43.5 cents to 47.5 cents per gallon.
The gas tax generates revenue for transportation projects. However, even with year-after-year automatic gas tax increases in place, Maryland ranks among the states with the lowest expenditures on roadways, particularly in terms of maintenance expenditures per capita, where we are ranked 48 out of 50 states, and total spending per capita, where we are ranked 37th. (Source: U.S. Department of Transportation, 2020)
It is clear that the current gas tax is not a sustainable solution for funding Maryland’s transportation projects and maintenance needs. As Maryland pushes for increased electric vehicle adoption, it is imperative that we find creative solutions to ensure Maryland’s transportation needs are met.
We look forward to working with Governor Moore, his administration and the General Assembly in the years to come to develop long-term, comprehensive solutions to effectively and sustainably fund our state’s transportation needs.
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About the Maryland Chamber of Commerce
The Maryland Chamber of Commerce is the only statewide business advocacy organization and the leading voice for business in the state. Together with their 6,800+ members, they form a statewide coalition that is committed to ensuring that Maryland is attracting and retaining quality jobs, developing vibrant, sustainable communities and staying at the forefront of global competitiveness and economic prosperity.
