Introduced Senate Bill (S)

Authored by

DIGEST

Special fuel taxation. Eliminates the sales and use tax on special fuel. Repeals the law concerning precollection of sales tax on special fuel. Increases the gallonage tax from $0.16 to $0.19 per gallon on special fuel sold or used in producing or generating power for propelling motor vehicles. Changes from 55% to 65% the amount the state highway fund receives from the highway, road and street fund and changes from 45% to 35% the amount the local road and street account receives from the highway, road and street fund. Provides that biodiesel fuel that is manufactured in Indiana and shipped Special fuel taxation. Eliminates the sales and use tax on special fuel. Repeals the law concerning precollection of sales tax on special fuel. Increases the gallonage tax from $0.16 to $0.19 per gallon on special fuel sold or used in producing or generating power for propelling motor vehicles. Changes from 55% to 65% the amount the state highway fund receives from the highway, road and street fund and changes from 45% to 35% the amount the local road and street account receives from the highway, road and street fund. Provides that biodiesel fuel that is manufactured in Indiana and shipped out of state is exempt from the special fuel tax and motor carrier fuel tax. (Under current law, a refund must be claimed.) ... View more