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IN HB1042
Bill
Status
1/5/2016
Primary Sponsor
Randall Frye
Click for details
AI Summary
HB 1042 - Fuel Taxes and Vehicle Fees Summary
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Exempts biodiesel fuel manufactured in Indiana and shipped out of state from special fuel tax and motor carrier fuel tax, eliminating the need to claim refunds.
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Requires motor carrier fuel surcharge tax to be paid on all special fuel at the same time as the special fuel tax (rather than quarterly), with retailers receiving initial credit determinations and reconciliation amounts based on actual gallons sold.
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Increases alternative fuel decal fees from $100-$500 to $200-$1,000 depending on vehicle type, and raises temporary permit fees from $5.50 to $11.
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Imposes an annual $100 road impact fee on electric powered motor vehicles (defined as vehicles capable of 35+ miles without an internal combustion engine) upon registration, with proportional reductions for mid-year registrations and refunds upon vehicle sale or destruction.
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Road impact fees must be deposited and distributed the same manner as special fuel taxes under existing law; effective July 1, 2016.
Legislative Description
Fuel taxes and vehicle fees. Provides that biodiesel fuel that is manufactured in Indiana and shipped out of state is exempt from the special fuel tax and motor carrier fuel tax. (Under current law, a refund must be claimed.) Specifies that the motor carrier fuel surcharge tax must be paid on all special fuel at the same time the special fuel tax is paid instead of being paid on taxable special fuel using a quarterly return. (The surcharge tax applies only to commercial use.) Provides for an initial credit determination to aid in cash flow for a retailer. Requires a
Last Action
Representative DeLaney added as coauthor
1/25/2016