Elaine Gannon voted Yea (Passage) on this Legislation.
Title: Authorizes New Gas Tax
Title: Authorizes New Gas Tax
Vote to pass a bill that authorizes new gas tax.
Increases taxes on motor gas for the next 5 years in the following order (Sec. 142.803, Pg 1):
Increases taxes on motor gas from 17 cents to 19 cents per gallon on January, 1st 2022;
Increases taxes on motor gas to 21 cents per gallon on January 1st, 2023;
Increases taxes on motor gas to 23 cents per gallon on January 1st, 2024;
Increases taxes on motor gas to 25 cents per gallon on January 1st, 2025; and
Increases taxes on motor gas to 27 cents per gallon on January 1st, 2026.
Specifies alternative fuels that are not sold or measured in gallons can be taxed based on the nearest power potential equivalent to one gallon of regular grade gasoline (Sec. 142-803, Pg 2).
Specifies aviation fuel taxes are set at 9 cents per gallon (Sec. 142.803 Pg 2).
Increases taxes on compressed natural gas fuel, liquified natural gas fuel, and propane gas fuel in the following order (Sec. 142.803 Pg 2-3):
Increases tax from 5 cents per gallon to 11 cents on January 1st, 2020 through December 31st, 2024; and
Increases tax to 17 cents per gallon from thereafter.
Title: Authorizes New Gas Tax