SB 101 - This act establishes an annual indexing adjustment for the motor fuel tax beginning in 2005. On or about February 15th of each year, the Director of the Department of Revenue shall calculate the adjusted rate by multiplying the current motor fuel tax rate by an inflation index. Under the terms of the act, the inflation index is the Consumer Price Index (CPI) for the calendar year ending on December 31st immediately preceding the calculation date divided by the CPI for the prior calendar year. The adjusted rate must be rounded to the nearest one-tenth of a cent. The adjusted rate shall become effective on July 1st following the calculation.