SB 430
Increases the motor fuel tax
Sponsor:
LR Number:
1860S.01I
Last Action:
5/17/2019 - Formal Calendar S Bills for Perfection--SB 430-Libla
Journal Page:
Title:
Calendar Position:
1
Effective Date:
Emergency Clause

Current Bill Summary

SB 430 - Currently there is a 17 cent per gallon tax on motor fuel. This act increases the tax by two cents upon enactment, by another two cents one year after enactment, and by another two cents two years after enactment. Once fully phased-in, the rate of tax will be 23 cents per gallon. Beginning three years after the effective date of the act, the tax will be adjusted annually for inflation.

This act contains an emergency clause.

This act is identical to SB 540 (2015).

ERIC VANDER WEERD

Amendments

No Amendments Found.