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SB 288 IN

Taxation of fuel.

IN · session 2025 · Senate · bill

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Introduced Jan 13, 2025

Latest action (Jan 13, 2025) First reading: referred to Committee on Tax and Fiscal Policy

Summary

Provides that the gasoline license tax and the special fuel license tax must be imposed at the rate in effect on June 30 of the prior state fiscal year multiplied by the lesser of: (1) the statutory index factor; or (2) 1.02. Provides that the gasoline use tax rate shall be the lesser of the amount as computed under current law or the gasoline use tax rate on June 30 of the prior state fiscal year multiplied by 1.02. Repeals an expired subsection.

Sponsor (1)

Action history (2)

  1. Jan 13, 2025 Authored by Senator Young M · upper
  2. Jan 13, 2025 First reading: referred to Committee on Tax and Fiscal Policy · upper
Subjects
NATURAL RESOURCES; Oil and GasolineTAXES; Fuel and Vehicle Taxes

Full text

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