This year, Uncle Sam will take his cut of the past year’s earnings a bit later than usual, on July 15. The state of Nebraska is also implementing another round of fuel tax rate changes. A 2017 state law authorized four rate increases through 2024. The initial 4-cent increase to 32 cents took effect in 2018. Automatic adjustments to the fuel tax will result in modest increases in neighboring Georgia and in Florida. State … However, 22 states and D.C. have a variable-rate gas tax that adjusts, to some degree, with inflation or prices without regular legislative action. Since the first adjustment three years ago the tax rate has increased from 34.3 cents to 36.1 cents. Seems minor compared to last year’s 18c/gal gas tax increase. Plus, see which states have the highest and lowest excise tax rates. The greatest disparity is in California, where diesel tax is 19.3 cents per gallon higher than the diesel tax. Keith Goble has been covering trucking-related laws since 2000. Most commonly these taxes are structured as a fixed cent-per-gallon rate. Since January 2015, Virginians have been paying a tax of 16.2 cents per gallon on regular gas. His daily web reports, radio news and “OOIDA’s State Watch” in Land Line Magazine are the industry’s premier sources for information regarding state legislative affairs. Now, House Bill 1414 jumps that tax to 21.2 cents per gallon. Illinois’s diesel tax is 16.5 cents per gallon lower than its gas tax. The map below breaks downs gas tax by state. A separate petroleum release remedial action fee is not included in the state tax rates and remains unchanged at 0.9 cents per gallon on gas and at 0.3 cents on diesel. The current fuel tax rate of 30 cents will rise to 31.1 cents. The federal gas tax of 18.4 cents per gallon has not been increased … Gas Tax by State Table. This report is updated quarterly. Getty Images. While several states have diesel taxes that are only marginally lower than their gas tax (within 2 cents per gallon), only Illinois has a diesel tax that is significantly lower than it’s gas tax. The change marks the third increase since the rate was 24.5 cents at the end of 2015. According to the Institute on Taxation and Economic Policy (ITEP), these states account for a majority of the nation’s population. Last year the Golden State saw an increase of 5.6c/gal. During the past year about two dozen states have instituted changes. “In other states gas tax increases are revenue neutral, a point which is worthy of consideration, especially this year,” he writes. The formula is based on a statutory formula that takes into consideration state population and energy cost inflation. In addition to state taxes of at least 4% per gallon of gas, the federal government levies a tax of 18.4 cents on every gallon of gas sold in the US. The total tax on gas will be 32.3 cents – up from 32.2 cents. The geographical correlation for gas taxes is relatively weak, but in general the West Coast has the highest prices, followed closely by the East Coast. Which State has the Lowest Tax Rate? Both Hawaii and Alaska have the lowest gas taxes. States with automatic adjustments are due to tax rates calculated by percentage of fuel price in addition to a flat excise tax, fuel tax calculated by percentage of fuel price, indexed to Consumer Price Index, and/or other means. States faced an immediate crisis in fiscal year 2020 as the pandemic took a toll on revenues. The average gas tax by state is 29.15 cents per gallon. In addition, gas taxes, vehicle registration fees, and other revenues that are deposited into separate funds (like transportation funds) are also declining. API collects motor fuel tax information for all 50 states and compiles a report and chart detailing changes and calculating a nationwide average. A 2017 state law authorized four rate increases through 2024. 6 states (Pennsylvania, California, New Jersey, Ohio, Arizona, and Indiana) have diesel taxes which are significantly higher (greater or equal to 5 cents per gallon) than their gas tax. The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per … The state increased gas taxes by the same amount last year. California average Commercial Price for the 12 months ended May 2020 was 17.18 cents/kWh, 70.8% higher than the US average of 10.06 cents/kWh for all states other than California. The API, a national trade association for the oil and natural gas industry, did rank Connecticut’s 69-cents-per-gallon diesel tax ninth overall among states… State tax collections for March through August 2020 were 6.4 percent less than in the same months of 2019, on average. The Gas Tax by state ranges from 14.65 cents per gallon to 57.6 cents per gallon. Adam McCann, Financial Writer Jun 24, 2020. New efforts are being made to allow longer, heavier trucks onto highways, while some states still have police-dispatched towing problems. 6  State gas taxes help fund things like road repair, road construction, and necessary maintenance. State Fuel Tax: 47.62¢ per gallon of gasoline, 52¢ per gallon of diesel. Published by N. Sönnichsen, Sep 30, 2020 Pennsylvania had one of the highest taxes on gas in the United States at 59 U.S. cents per gallon.

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