ASA Hails Barge Fuel Increase to Fund Waterways ImprovementsThu, 04 Dec 2014 12:49:20 CST
As part of H.R. 647, the Achieving a Better Life Experience (ABLE) Act, the House of Representatives on Wednesday passed, by a vote of 404-17, a provision to increase the barge fuel fee to fund needed waterways infrastructure projects. American Soybean Association (ASA) President and Iowa farmer Ray Gaesser expressed ASA's appreciation for the fee, which is supported by those in the waterways industry.
"The nine-cent increase in the per-gallon barge fuel fee is something that is supported not only by the nation's soybean farmers, but also by the commercial barge and towing operators who pay it. We all support this as a way to dedicate funds to new waterways infrastructure construction and major rehabilitation of the inland waterways system through the Inland Waterways Trust Fund. We are pleased that the House passed this provision, and we call on the Senate to quickly do the same."
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