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2022 SESSION
SB 541 Gasoline and diesel fuel; lowers the rate of tax on July 1, 2022.
Introduced by: Mark J. Peake | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Rate of tax on gasoline and diesel fuel. Lowers the rate of tax on gasoline and diesel fuel on July 1, 2022, from 26.2 cents per gallon to 21.2 cents per gallon on gasoline and from 27 cents per gallon to 20.2 cents per gallon on diesel fuel, the rates that were in effect before July 1, 2021. The bill provides that the rate of tax on gasoline and diesel fuel will return to 26.2 and 27 cents per gallon, respectively, on July 1, 2023, and will be indexed based on the change in the United States Average Consumer Price Index; thereafter, the rate will be indexed annually.
FULL TEXT
HISTORY
- 01/12/22 Senate: Prefiled and ordered printed; offered 01/12/22 22101054D
- 01/12/22 Senate: Referred to Committee on Finance and Appropriations
- 02/10/22 Senate: Passed by indefinitely in Finance and Appropriations (12-Y 4-N)