Tennessee IMPROVE Act
We stand with Tennessee Governor, Bill Haslam, and the Tennessee Roadbuilders Association in applauding the passage of the IMPROVE Act, or “Improving Manufacturing, Public Roads and Opportunities for a Vibrant Economy.” Gov. Haslam said the Act “gives the largest tax cut in Tennessee history.” He went on to say, “The IMPROVE Act is a conservative plan that directly addresses how we fund our roads and bridges for the for first time in 30 years.” While the Act will eventually raise the price of unleaded gas by $0.06 per gallon, it will also decrease the tax on groceries from 5% to 4%. For example, if the average household has one car and uses 15 gallons of gas each week, the weekly increase would be $0.90. If that same household spends $100 on groceries, the decrease would be $1.00. There is minimal difference to the weekly household budget, yet our community will have the required funds to move forward with much needed highway improvements. Additionally, Gov. Bill Haslam and Tennessee Department of Transportation Commissioner John Schroer recently released TDOT’s annual three-year transportation program, which includes roughly $2.6 billion in infrastructure investments for 101 individual project phases in 40 counties, as well as 15 statewide programs. Seven of those projects are slated for Shelby County and present great bidding opportunities for Lehman-Roberts Co.