AK HB60

Increases motor fuel tax from 8 cents to 16 cents per gallon, with corresponding increases for aviation gasoline (4.7 to 9.4 cents), watercraft fuel (5 to 10 cents), and other aviation fuel (3.2 to 6.4 cents), effective July 1, 2017.

Establishes a new transportation maintenance fund in the general fund to consolidate three special fuel tax accounts: highway fuel tax, nonpublic highway use, and watercraft fuel tax.

Directs tax proceeds to specific purposes: aviation fuel taxes for airport infrastructure, watercraft fuel taxes for water and harbor facilities, snow vehicle fuel taxes for trail staking and shelter maintenance, and general motor fuel taxes for highways and ferry projects.

Increases motor fuel tax refunds for internal combustion engines from 6 cents to 12 cents per gallon effective July 1, 2017, and to 18 cents per gallon effective July 1, 2019.

Further increases general motor fuel tax rates to 24 cents per gallon effective July 1, 2019, with proportional increases for aviation and watercraft fuels; doubles the refund amount for commercial fishing watercraft to 3 cents per gallon.