Vote Smart's Synopsis:

Vote to pass a bill that authorizes new gas tax.

Highlights:

• 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.

Full Bill Text