Search results
Results from the WOW.Com Content Network
Separate from the Highway Trust Fund is the Leaking Underground Storage Tank Trust Fund, which receives an additional 0.1 cents per gallon on gasoline and diesel, making the total amount of tax collected 18.5 cents per gallon on gasoline and 24.5 cents per gallon on diesel fuel.
For premium support please call: 800-290-4726 more ways to reach us
The first US state to tax fuel was Oregon, introduced on February 25, 1919. [4] It was a 1¢/gal tax. [5] In the following decade, all of the US states (48 at the time), along with the District of Columbia, introduced a gasoline tax. By 1939, many states levied an average fuel tax of 3.8¢/gal (1¢/L).
The requirements set by The Environment Agency for Decommissioning an underground tank apply to all underground storage tanks and not just those used for the storage of fuels. [15] They give extensive guidance in The Blue Book and PETEL 65/34. The Environment Agency states that any tank no longer in use should be immediately decommissioned.
A trust fund that gets money from a gas tax helps — it currently holds about $1.5 billion — but the program costs states and the federal government about $1 billion a year beyond the fund.
On Dec. 29, the agency announced a bump in the optional standard mileage rate starting Jan. 1, 2023 — which will now be 65.5 cents per mile driven. Taxpayers can use the new rate to calculate ...
The law authorizes the Oregon Department of Transportation (ODOT) to set up a mileage collection system for 5,000 volunteer motorists beginning July 1, 2015. [18] ODOT may assess a charge of 1.5 cents per mile for up to 5,000 volunteer cars and light commercial vehicles and issue a gas tax refund to those participants. [3]
For premium support please call: 800-290-4726 more ways to reach us