Loading chat...
IN HB1292
Bill
Status
1/14/2013
Primary Sponsor
Patrick Bauer
Click for details
AI Summary
-
Increases gasoline tax on fuel with octane greater than 87 from $0.18 to $0.20 per gallon, effective July 1, 2013.
-
Gasoline with octane of 87 or less remains taxed at $0.18 per gallon.
-
Allocates revenue from the $0.02 increase to bridge repairs: 50% to state bridge repairs and 50% to local counties and municipalities for bridge repairs addressing highest-priority safety concerns.
-
Allocation based on most recent bridge inspection reports, with funds excluded from new construction or toll bridge projects.
-
Department of State Revenue shall inform Department of Transportation of quarterly revenue attributable to the increased tax rate.
Legislative Description
Gasoline tax.
Last Action
First reading: referred to Committee on Ways and Means
1/14/2013