HB5829 Summary

• Delays the Consumer Price Index (CPI) adjustment to the motor fuel tax from January 1, 2023 to July 1, 2023, and establishes July 1 as the annual adjustment date going forward.

• Maintains the motor fuel tax rate at 39.2 cents per gallon through July 1, 2023, before any CPI-based increases take effect.

• Repeals the requirement for motor fuel retailers to post notices on dispensing devices about the suspension of inflation adjustments to the motor fuel tax, effective upon the bill's enactment.

• Applies the penalty structure of $500 per day per retail location for retailers who fail to comply with posting requirements only through the bill's effective date.