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IN HB1346
Bill
Status
1/14/2019
Primary Sponsor
Doug Miller
Click for details
AI Summary
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Reimposes the motor carrier fuel surcharge tax at $0.21 per gallon effective July 1, 2019, which was previously repealed by HEA 1290-2018
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Reduces the special fuel tax rate by $0.21 per gallon to offset the reimposed surcharge tax, resulting in no net change in total tax burden on special fuel
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Applies the surcharge tax to motor fuel consumed by carriers on Indiana highways and to special fuel (excluding natural gas and alternative fuels) consumed by non-carriers
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Establishes an annual index factor for adjusting the surcharge tax rate each July 1 through 2024, with increases capped at $0.01 per year after June 30, 2020
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Creates an inventory tax on motor fuel held in storage when surcharge tax rates increase, with exemptions for fuel below draw pipe levels in storage tanks
Legislative Description
Motor carrier fuel surcharge tax. Reimposes the motor carrier fuel surcharge tax (previously repealed by HEA 1290-2018). Reduces the special fuel tax rate by the amount of the motor carrier fuel surcharge tax rate.
Last Action
First reading: referred to Committee on Roads and Transportation
1/14/2019