AK SB25

Increases motor fuel tax from 8 cents to 16 cents per gallon effective July 1, 2017, with further increase to 24 cents per gallon effective July 1, 2018.

Adjusts tax rates on aviation gasoline, watercraft fuel, and aviation fuel accordingly, with aviation gasoline rising from 4.7 cents to 9.4 cents to 14.1 cents per gallon.

Establishes a transportation maintenance fund within the general fund to receive revenue from highway fuel tax, watercraft fuel tax, and nonpublic highway use accounts.

Directs 60 percent of aviation fuel tax revenue to municipalities with airports; remaining revenue and other fuel tax proceeds fund transportation infrastructure, airports, water and harbor facilities, and trails.

Increases motor fuel tax refunds for non-highway use from 6 cents to 12 cents per gallon (July 1, 2017) and to 18 cents per gallon (July 1, 2018).