Iowa Gov. Terry Branstad said he would seek legislative support for a gasoline tax increase next year to raise revenue to pay for road and bridge work.

Branstad might also seek a hike in vehicle registration fees. “I think next year is the year to do it,” he said in a televised interview. He did not provide details on the size of the possible increases.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.