Tennessee Gov. Bill Lee proposed over $1 billion for road projects to address a $30 billion backlog, surpassing what gas taxes and fees can cover.
His budget includes nearly $1 billion in one-time state tax funds and plans to shift $80 million annually from the tire sales tax. This follows a similar $3 billion shift of general tax money to roads two years ago.
The road funding is a significant part of Lee’s $59.5 billion budget for the upcoming fiscal year, as tax revenues have slowed post-pandemic.