Skip to content

Topic - Highway Trust Fund

The United States Highway Trust Fund is a transportation fund with three accounts - the bulk composed of the 'Highway Account', a smaller Mass Transit Account and a comparatively small Leaking Underground Storage Tank Trust Fund. Lawmakers established it in 1956 to ensure dependable financing for maintenance of the United States Interstate Highway System and certain other roads. Money in the fund is raised indirectly via a federal fuel tax of 18.4 cents per gallon on gasoline and 24.4 cents per gallon of diesel fuel and related excise taxes. - Source: Wikipedia

Related Stories