Tennessee roads plan mulls toll lanes, electric car fee hike
Tennessee Gov. Bill Lee is considering introducing express toll lanes on highways and tripling a fee for electric car owners as he looks for ways to pay for tens of billions of dollars in roadway projects
NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Lee is considering allowing express toll lanes on highways and tripling a fee for electric car owners as he targets his first big push after winning reelection — paying for tens of billions of dollars in roadway projects.
The Republican is adamant about what he won't do: Raise the gas tax; add fully tolled roads; or issue debt in lieu of the state's pay-as-you-go road funding method.
Lee says the timing is crucial to pivot quickly to roads. With Tennessee's rapid growth and truck traffic, state transportation officials say $26 billion in projects are needed to address worsening congestion, and only $3.6 billion of it is planned under a big swipe at roads by Lee's predecessor. Officials also say projects are taking so long — 15 years on average — that they are coming in 40% over budget.
Like other states, Tennessee's current road funding through gas taxes looks less reliable as more people switch to fuel-efficient and electric cars. Tennessee is also becoming a electric vehicle production hub, highlighted by a massive upcoming Ford electric vehicle project with a partner company's battery factory.