Highway fuel tax by state
WebThe United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. The federal tax was last raised October 1, 1993 and is not indexed to inflation, which increased 93% from 1993 … WebOct 1, 2016 · This includes taxes on highway motor fuel—most notably a Federal tax of 18.4 cents per gallon on gasoline and of 24.4 cents per gallon on highway diesel fuel. The Federal government also imposes other truck-related taxes, including an annual tax on heavy vehicle use, a load rating-based tax on truck tires and a retail sales tax on trucks and ...
Highway fuel tax by state
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WebAug 25, 2024 · Some states have levied motor fuel taxes since 1919, and all states (including the then territories Alaska and Hawaii) and the District of Columbia had implemented a motor fuel tax by 1946. The average state excise tax rate in 2024 is 25.6 cents, but gasoline is taxed at an average rate of 36.4 cents per gallon when other taxes … Web54 rows · Sep 11, 2024 · Gas taxes are largely used to fund infrastructure maintenance …
WebDec 29, 2024 · For petroleum products, gross receipt taxes on highway fuel converted to a rate of 22.6 cents per gallon. The existing Motor Fuel Tax is 10.5 cents-per-gallon and the existing Petroleum Products Gross Receipts Tax ("PPGRT") imposed on gasoline, blended fuel that contains gasoline, liquefied petroleum gas and aviation fuel is 4 cents-per-gallon. WebThe tax is passed on to the ultimate consumer purchasing fuel at retail. The tax is distributed to the Missouri Department of Transportation, Missouri cities and Missouri counties for road construction and maintenance. There are about 700 licensees, including suppliers, distributors, transporters and terminal operators.
WebApr 5, 2024 · Receipts into the federal Highway Trust Fund (HTF) comes from a variety of taxes on highway fuel, tires, heavy vehicle use tax, truck/trailer sales taxes. The motor fuel excise tax, currently 18.4 cents per gallon for gasoline/gasohol, and 24.4 cents for special fuel (primarily diesel) raises the majority of the revenue. WebFederal fuel taxes raised $36.4 billion in Fiscal Year 2016, with $26.1 billion raised from gasoline taxes and $10.3 billion raised from taxes on diesel and special motor fuels. The tax was last raised in 1993 and is not indexed to …
WebMar 23, 2011 · Given current fuel efficiency, federal and state fuel taxes combined produce revenue of roughly 2 cents per mile for automobiles. In contrast, the Federal Highway Administration estimates that the national average cost for congestion caused by automobile travel is about 10 cents per mile-much higher in large metropolitan areas and …
WebJun 30, 2024 · Currently, state gas taxes range from 14.32 cents per gallon in Alaska to 62.05 cents per gallon in California, not including the 18.4 cents per gallon federal gas tax. Rather than dedicating all gas tax revenue to roads and highways, many states divert portions of the revenue to non-road and non-transportation purposes. great notley secondary schoolWebMar 30, 2024 · Highway use/fuel use tax (IFTA) Form number Instructions Form title; DTF-406: Instructions on form: Claim for Highway Use Tax (HUT) Refund: IFTA-21 (Fill-in) IFTA … great notley surgery cm77 7gsWebApr 12, 2024 · Highway fuels revenue collections in FY 2024 are projected to exceed the FY 2024 Highway Fuels Revenue Target by $58.8 million. Offsetting this slightly is the fact that the actual shortfall for FY 2024 ended up being $8.1 million higher than the $156.0 million shortfall that was projected last August. flooring companies in eugene oregonWebA gas tax is commonly used to describe the variety of taxes levied on gasoline at both the federal and state levels, to provide funds for highway repair and maintenance, as well as for other government infrastructure projects. ... Compare 2024 state fuel excise taxes by … great notley houses for saleWebJun 9, 2024 · Applies to fuel not taxed under the motor-fuel or fuel-use taxes. Liquified petroleum gas sold, used, or stored in State is exempt. Arkansas. 4.5. Special fuel for … flooring companies in gwinnettWebEnacted in 1921, state motor fuels tax revenue collections contributed over $1.9 billion dollars in FY 2024 to the North Carolina Department of Transportation’s (NCDOT) highway … great notley to bishops stortfordWebJan 1, 2024 · 1.0. In addition to the road tax, every gallon of motor fuel includes a .0025 cents per gallon inspection tax. (a) Effective July 15, 1986, the tax rate was changed to 14 … great notley tesco