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VT S0149
Bill
AI Summary
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Indexes Vermont's gasoline and diesel fuel taxes to inflation beginning July 1, 2028, with annual adjustments each July 1 based on the Consumer Price Index for All Urban Consumers (CPI-U) from the preceding 12-month period
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Maintains both gasoline and diesel fuel taxes at $0.28 per gallon until July 1, 2028
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Includes a floor provision preventing tax decreases: if CPI-U shows negative change (deflation), the tax rate remains the same as the previous year
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Preserves existing fees on diesel fuel including a $0.01 fee under 10 V.S.A. § 1942 and a $0.03 motor fuel transportation infrastructure assessment
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Takes effect July 1, 2025
Legislative Description
An act relating to indexing the gasoline and diesel fuel taxes for inflation
Last Action
Read 1st time & referred to Committee on Transportation
4/9/2025