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IN HB1290
Bill
Status
3/21/2018
Primary Sponsor
Edmond Soliday
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AI Summary
HEA 1290 Summary
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Repeals the motor carrier surcharge tax effective July 1, 2018, and incorporates surcharge obligations into the regular special fuel tax imposed under IC 6-6-2.5.
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Increases the special fuel tax rate: from $0.16 per gallon to a maximum of $0.26 per gallon for July 1, 2017 through June 30, 2018, then to a product-based calculation using the special fuel index factor beginning July 1, 2018 through July 1, 2024.
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Deposits 1.5% of special fuel tax revenue monthly to the motor carrier regulation fund, with remaining revenue distributed according to IC 6-6-1.1 revenue distribution procedures.
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Establishes the New Harmony and Wabash River bridge authority as a separate body corporate to own, operate, and maintain the White County bridge over the Wabash River connecting Illinois and Indiana.
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Allows vehicle platooning (electronically coordinated groups of vehicles traveling at closer distances and higher speeds) on Indiana streets and highways if the platoon leader files an approved plan with the commissioner and meets other regulatory requirements.
Legislative Description
Transportation finance. Repeals the motor carrier surcharge tax and increases the special fuel tax by $0.21 per gallon. Distributes part of the special fuel tax revenue to the motor carrier regulation fund. Specifies how netted International Fuel Tax Agreement Clearinghouse refunds and receipts are deposited or credited. Specifies that the commercial vehicle excise tax rate calculation that must be done on or before October 1 of each year is effective on January 1 of the following year. Excludes the transportation infrastructure improvement fee and the supplemental fees for registering electric and hybrid vehicles from the calculation of the commercial vehicle
Last Action
Public Law 185
3/21/2018