May 23, 2025
Asphalt Industry Applauds Passage of Pro-Growth Legislation
BY AsphaltPro Staff
Asphalt professionals across the country are taking note of the U.S. House of Representatives’ recent passage of the “One Big Beautiful Bill Act,” a comprehensive budget reconciliation package praised for its strong support of infrastructure investment and pro-growth tax policies.
The National Stone, Sand & Gravel Association (NSSGA) and Associated Equipment Distributors (AED)—two key organizations representing sectors vital to the asphalt industry—welcomed the bill’s passage, citing provisions that promise to bolster the industry’s economic stability and long-term growth.
“We thank House members for their swift passage of the One Big Beautiful Bill Act,” said Michele Stanley, Interim CEO of NSSGA. “It includes many aggregates provisions to strengthen the industry and the American economy.”
Among the most relevant elements for asphalt professionals are extensions and enhancements to tax measures that directly affect equipment purchases and small business operations. Both NSSGA and AED highlighted the reinstatement of 100% bonus depreciation and the increase in Section 179 expensing levels—measures that allow paving contractors to more effectively invest in the heavy equipment and machinery essential to their work.
AED President & CEO Brian P. McGuire noted, “This legislation delivers pro-growth tax policies, streamlines energy project approvals, and strengthens surface transportation infrastructure investments.”
The act also preserves the 199A qualified business income deduction and maintains the current corporate tax rate, delivering fiscal certainty to asphalt producers and contractors alike. Provisions enhancing estate and gift tax exemptions and protecting percentage depletion will particularly benefit family-owned and multigenerational firms.
Infrastructure-specific measures in the bill are equally significant. The legislation includes a national user fee for electric and hybrid vehicle registrations, earmarked to support the Highway Trust Fund—a long-sought revenue source that ensures all road users contribute to infrastructure upkeep. “Though this will not completely address the shortfall in funding, it is a positive step forward,” Stanley added.
Additionally, expedited permitting for energy infrastructure projects is expected to smooth the path for operations related to asphalt production and paving projects, potentially reducing delays and administrative burdens.
With Senate consideration of the bill on the horizon, both NSSGA and AED are urging swift action to secure final passage. For asphalt professionals, the stakes are clear: tax certainty, stronger infrastructure investment, and a regulatory environment more conducive to growth.
As the industry awaits further legislative developments, the House’s action marks a significant step forward for those who build and maintain the nation’s roads.
