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IN HB1670
Bill
Status
1/24/2019
Primary Sponsor
Ryan Lauer
Click for details
AI Summary
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Fixes the gasoline tax at 29 cents per gallon and special fuel (diesel) tax at 48 cents per gallon, eliminating the annual inflation-based index adjustments that were scheduled through July 1, 2024
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Increases motor vehicle highway account distributions to local governments: cities and towns rise from 12.13% to 15%, counties rise from 25.87% to 30%
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Repeals IC 6-6-1.6, the fuel tax index factors statute that allowed annual automatic tax rate increases based on inflation calculations
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Eliminates inflation adjustments for electric vehicle ($150) and hybrid vehicle ($50) supplemental registration fees, keeping those fees fixed at current levels
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Effective date: July 1, 2019
Legislative Description
Transportation finance. Repeals the fuel tax index factors. Fixes the gasoline tax rate at 29 cents per gallon, the gasoline tax rate in effect on July 1, 2018. Fixes the special fuel tax rate at 48 cents per gallon, the special fuel tax rate in effect on July 1, 2018. Increases the percentages for distributions from the motor vehicle highway account to counties, cities, and towns: (1) from 12.13% to 15%, for cities and towns; and (2) from 25.87% to 30%, for counties. Eliminates the inflation adjustment of the supplemental fees to register electric and hybrid vehicles.
Last Action
First reading: referred to Committee on Ways and Means
1/24/2019