IN HB1019 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-01-09 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Gasoline tax. Provides for a monthly determination of the gasoline tax rate per gallon that will be used in the following month. Provides that the gasoline tax rate is to be reduced if the statewide average retail price per gallon is greater than $3 using the same price that is used to convert the 7% tax on gasoline to a per gallon rate under the gasoline use tax. Specifies that the gasoline tax rate is to be reduced by $0.01 for each $0.01 the statewide average retail price per gallon exceeds $3.

Tracking Information

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Title

Gasoline tax. Provides for a monthly determination of the gasoline tax rate per gallon that will be used in the following month. Provides that the gasoline tax rate is to be reduced if the statewide average retail price per gallon is greater than $3 using the same price that is used to convert the 7% tax on gasoline to a per gallon rate under the gasoline use tax. Specifies that the gasoline tax rate is to be reduced by $0.01 for each $0.01 the statewide average retail price per gallon exceeds $3.

Sponsors


History

DateChamberAction
2018-01-09HouseFirst reading: referred to Committee on Ways and Means
2018-01-09HouseAuthored by Representative Bauer

Indiana State Sources


Bill Comments

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