Vermont S0149 proposes to index gasoline and diesel fuel taxes to inflation.

Vermont S0149 amends the state's diesel and gasoline fuel tax laws to adjust the tax rates annually based on the Consumer Price Index. Beginning July 1, 2028, the tax rates will increase by the percentage change in the Bureau of Labor Statistics Consumer Price Index for All Urban Consumers for the 12-month period preceding the previous April 1. If the CPI-U percentage change is negative, the tax rate will remain the same as the previous year. This act takes effect on July 1, 2025.

Vermont S0149 proposes to index gasoline and diesel fuel taxes to inflation.

Vermont S0149 amends the state's diesel and gasoline fuel tax laws to adjust the tax rates annually based on the Consumer Price Index. Beginning July 1, 2028, the tax rates will increase by the percentage change in the Bureau of Labor Statistics Consumer Price Index for All Urban Consumers for the 12-month period preceding the previous April 1. If the CPI-U percentage change is negative, the tax rate will remain the same as the previous year. This act takes effect on July 1, 2025.