Bill
HB 5467
Overview: HB 5467 is a bill relating to motor and other vehicles, specifically the motor fuel tax.Purpose and Intent: The main goal of this bill is to adjust the state's motor fuel
Overview: HB 5467 is a bill relating to motor and other vehicles, specifically the motor fuel tax.
Purpose and Intent: The main goal of this bill is to adjust the state's motor fuel tax rates in order to generate additional revenue for transportation infrastructure projects and maintenance.
Key Provisions:
- Increases the per-gallon tax rate on gasoline from $0.28 to $0.35
- Increases the per-gallon tax rate on diesel fuel from $0.32 to $0.40
- Indexes the tax rates to inflation to automatically adjust them annually
- Dedicates the additional revenue generated to a new "Transportation Infrastructure Fund"
Affected Parties and Impacts:
- Drivers and consumers of motor fuels will pay higher prices at the pump
- The state government will have increased funding for transportation projects and maintenance
- Businesses that rely on transportation may see higher operating costs
Procedural and Timeline Considerations:
The bill is currently in committee and recommended to be held for further study. If passed, the new tax rates would take effect on January 1, 2026.
Compiled from official sources — confirm details with the bill’s official record.
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