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Committee backs one‑time gas tax cut and permitting reforms aimed at easing supply constraints
Summary
The committee adopted the first substitute and favorably recommended HB575, which pulls forward a scheduled gas tax drop (a 6¢, ~15% cut, estimated $41M impact) beginning in July and adds permitting and incentive changes intended to encourage midstream pipeline development and fuel storage; UDOT and DEQ testified on budgetary and permitting details.
The House Revenue and Taxation Committee adopted the first substitute and favorably recommended HB575, a measure that pairs a one‑time gas tax cut with permitting and incentive changes aimed at increasing fuel supply and lowering pump prices.
Representative Roberts said the bill accelerates a scheduled gas tax reduction into a 6¢ (roughly 15%) cut beginning in July, with an estimated fiscal impact of about $41,000,000 to the transportation fund.…
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