Increases the tax on all gas sold for and used by registered motor vehicles from $0.075 per gallon to the following amounts (Secs. 2 & 5):
$0.08 per gallon beginning January 1, 2016;
$0.085 per gallon beginning January 1, 2017;
$0.09 per gallon beginning January 1, 2018; and
$0.095 per gallon beginning January 1, 2019.
Increases the excise tax on a producer, supplier, distributor, wholesaler, or importer for motor fuel received, imported, produced, refined, manufactured, blended, or compounded in the state from $0.028 to the following amounts (Sec. 3):
$0.038 per gallon or gallon equivalent beginning January 1, 2016;
$0.048 per gallon or gallon equivalent beginning January 1, 2017;
$0.058 per gallon or gallon equivalent beginning January 1, 2018; and
$0.068 per gallon or gallon equivalent beginning January 1, 2019.
Increases the excise tax on a producer, supplier, distributor, wholesaler, importer, or retailer for motor fuel used in the state from $0.028 to the following amounts (Secs. 4 & 6):
$0.038 per gallon or gallon equivalent beginning January 1, 2016;
$0.048 per gallon or gallon equivalent beginning January 1, 2017;
$0.058 per gallon or gallon equivalent beginning January 1, 2018; and
$0.068 per gallon or gallon equivalent beginning January 1, 2019.