HB 124-FN-A – AS INTRODUCED
2009 SESSION
09/04
HOUSE BILL 124-FN-A
AN ACT relative to the rate of the gas tax.
SPONSORS: Rep. G. Andersen, Graf 11
COMMITTEE: Public Works and Highways
This bill requires the commissioner of safety to adjust the rate of the road toll on motor fuel to reflect the average annual percentage rate of inflation.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
09-0094
09/04
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nine
AN ACT relative to the rate of the gas tax.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Road Toll on Motor Fuel; Rate. Amend the introductory paragraph of RSA 260:32 to read as follows:
260:32 Levy of Tolls and Exemptions. For the fiscal year ending June 30, 2010, there is hereby imposed a road toll of $.18 per gallon upon the sale of each gallon of motor fuel sold by distributors thereof. For each fiscal year thereafter, the commissioner of safety shall determine the rate of the road toll by adjusting the $.18 per gallon rate to reflect the average annual percentage rate of inflation based on the northeast consumer price index for all urban consumers as published by the Bureau of Labor Statistics, United States Department of Labor. The road toll shall be collected by the distributor from the purchaser and remitted to the state in the manner hereinafter set forth. Provided, that the road toll shall not apply to:
2 Effective Date. This act shall take effect July 1, 2009.
LBAO
09-0094
12/22/08
HB 124-FN-A - FISCAL NOTE
AN ACT relative to the rate of the gas tax.
FISCAL IMPACT:
The Department of Safety states this bill will increase state highway fund and local revenues and state highway fund expenditures by an indeterminable amount in FY 2011 and each year thereafter. This bill will have no fiscal impact on county or local expenditures and county revenues.
METHODOLOGY:
The Department of Safety states this bill requires the Commissioner of Safety to adjust the rate of the road toll on motor fuel to reflect the average annual rate of inflation.
For fiscal years after 2010 the road toll rate would be adjusted based upon the northeast consumer price index (CPI) for all urban consumers as published by the Bureau of Labor Statistics, US Department of Labor. Since the Department is uncertain of how much the CPI would change in future years, it is unable to estimate the fiscal impact on state or local revenues and state expenditures for fiscal years after 2010.
For illustrative purposes, the Department estimates that each $0.01 increase in the road toll rate would result in an increase of $8,432,613 in state Highway Fund revenue. The estimate is based on a three year average of road toll gallons collected during fiscal years 2006 through 2008.
Gallons (net of refunds) | |||
Fiscal Year |
2006 |
839,150,889 | |
Fiscal Year |
2007 |
842,397,975 | |
Fiscal Year |
2008 |
848,235,052 | |
2,529,783,916 | |||
Average Gallons (net of refunds) |
843,261,305 | ||
Multiplied by $0.01 |
$ 8,432,613 | ||
Per RSA 235:23, municipalities will receive 12 percent of the estimated $8,432,613 or approximately $1,011,914.