Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House passes SB276 to tweak indexed gas-tax formula; sponsors say it won’t add a new tax
Summary
The Utah House approved first substitute Senate Bill 276 to adjust the formula that links the state gasoline tax to wholesale prices, lowering the floor and resetting the ceiling so the indexing mechanism remains effective; sponsors said the change is revenue-neutral and projected to raise about 1¢ per gallon in 2019.
The Utah House on the floor approved first substitute Senate Bill 276, a bill that adjusts the price floors and ceilings used in the state’s indexed gasoline tax formula created in 2015.
Representative Schultz, the bill sponsor, told colleagues the measure “does not add an additional tax,” but modifies where the floor and ceiling sit so the indexing mechanism will function as intended. He said the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
