INDIANAPOLIS (AP) — A gas tax increase will soon go into effect in Indiana.
Lawmakers passed a bill last year that raised the 18-cent per gallon tax by 10 cents in order to fund road repairs.
The Journal Gazette reports that the 1-cent increase that goes into effect next month was part of a smaller section of the bill. The increase is part of an annual inflationary adjustment that'll continue through 2024.
The American Automobile Association says the average price for regular unleaded gasoline in Indiana is $2.88, compared to $2.09 last year.
Emily Landis of the Indiana Department of Revenue says the special fuel tax rate will increase by one cent to 48 cents.
Landis says the gas tax increase is expected to generate $31 million annually.
- Indiana to see 1-cent gas tax increase
- Poll: Majority approve of 10-cent Indiana fuel tax increase
- Indiana sees increase in flu-related deaths
- Indiana investigating increase in hepatitis A cases
- Tax hike fuels jump in Indiana gas prices since last year
- Indiana sees drop in fraudulent tax returns
- Indiana gas stations teach staff to report human trafficking
- Health experts urge Indiana to increase public health funds
- Indiana Affordable Care Act premiums could increase in 2018
- Increasing Heat & Humidity