July 1 marked the change in fuel tax collection in nine states.
Here’s that information, according to data compiled by Keith Goble, state legislative editor of Land Line, a publication of the Owner-Operator Independent Drivers Association.
South Carolina is increasing the state’s 18.75-cent diesel and gas rates by 2 cents. The change to 20.75 cents follows a 2017 state law to impose increases of 2 cents annually through 2022. At that time, the tax rate will top out at 28.75 cents. The state Department of Transportation expects to collect about $230 million in the upcoming year. When fully implemented, the tax is estimated to raise more than $600 million annually.
In Tennessee, the state’s 25.4-cent gas rate and 22.4-cent diesel rate are being raised for the second time in as many years. The gas tax is up 1 cent from a year ago to 26.4 cents per gallon and the diesel tax is up three cents to 25.4 cents. The tax increases are part of a three-year annual tax increase approved by state lawmakers one year ago. When fully in effect next July, the gas tax will reach 27.4 cents and the diesel rate will be 28.4 cents. The tax increases are expected to raise an additional $250 million per year.
The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.