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Senate Bill 0505


Senate Bill 0505

ARCHIVE (2013)

Latest Information

 

DIGEST OF INTRODUCED BILL


Gasoline tax. Indexes the gasoline tax rate for inflation with a minimum rate of $0.18 per gallon. Provides that the gasoline tax revenue that is attributable to the rate above $0.18 is to be distributed for highway, road, and street purposes as follows: (1) 40% to the Indiana department of transportation. (2) 30% to each county, city, and town eligible to receive a distribution from the local road and street account. (3) 30% to each county, city, and town eligible to receive a distribution from the motor vehicle highway account.
    Current Status:
     In Committee - first House
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