S.B. 2938 Summary

• Increases diesel oil tax from 1 cent to 2 cents per gallon and aviation fuel tax from 1 cent to 2 cents per gallon

• Increases state fuel tax on gasoline and other liquid fuels from 16 cents to 19 cents per gallon across all counties (Honolulu, Hawaii, Maui, and Kauai)

• Increases annual motor vehicle registration fee from $45 to $76.50, with $71.50 deposited to the state highway fund and $5 to the emergency medical services special fund

• Increases motor vehicle weight tax rates: 1.75 to 2.75 cents per pound for vehicles up to 4,000 pounds; 2.00 to 3.00 cents for 4,000-7,000 pounds; 2.25 to 3.25 cents for 7,000-10,000 pounds; and $300 to $400 flat rate for vehicles over 10,000 pounds

• Takes effect July 1, 2016, with revenues directed to state highway fund for operations and maintenance