Inland waterway users for many years have asked Congress to raise the user fees for the trust fund by six to nine cents over the current 20-cent-per-gallon tax to address the backlog of repairs on the aging navigational system. Unscheduled lock closures are on the rise to allow for mechanical repairs, and shippers fear a major failure could significantly disrupt businesses that depend on bulk transport to survive.
The user tax increase was attached to a larger bill addressing quality of life for disabled people.
The legislation now goes to the Senate, but whether it will be taken up for debate in the short lame-duck session before lawmakers adjourn for the Christmas holiday is unclear.
The Inland Waterways Tax, which is assessed on 12,000 miles of waters, generates between $75 million and $85 million per year for waterways infrastructure. The money is matched by the federal treasury.
The tax increase would generate an additional $27 million to $36 million in revenue, according to the Soy Transportation Coalition.
“The nine-cent increase in the per-gallon barge fuel fee is something that is supported not only by the nation’s soybean farmers, but also by the commercial barge and towing operators who pay it. … We are pleased that the House passed this provision, and we call on the Senate to quickly do the same,” Ray Gaesser, president of the American Soybean Association, said in a statement.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now