WASHINGTON — A congressionally mandated transportation-funding study unveiled yesterday that calls for boosting the federal gas tax by as much as eight cents a year over five years could spur more municipal bond issuance, according to state officials and market participants.

“I think this will generate more bonding because we will have more revenue for [debt] payments,” Missouri Department of Transportation director Pete Rahn said yesterday at a press conference on the report. He added that not only will states leverage the increased federal gas taxes, where feasible, but they will also look to bond other types of revenue, such as sales taxes and tolls.

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