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Vermont transportation budget bill includes new gas tax

Posted By Amanda Bayhi On May 1, 2013 @ 2:57 pm In News & Analysis | No Comments

gas pump [1]

On Monday, Vermont Governor Peter Shumlin signed the state’s transportation budget bill, which includes a new gas tax, Burlington Free Press reported [2].

The new tax goes into effect today.

The new gas tax is a 5.9-cents-per-gallon increase, which includes a 2-percent assessment on the price of gas and a 0.8-cent decrease on the per-gallon tax.

According to the news site, state officials made the switch to a percentage tax to increase revenues for road and infrastructure maintenance despite reduced gas use.

Diesel prices are scheduled for a 2-cent increase July 1.

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[1] Image: http://www.equipmentworld.com/files/2013/05/shutterstock_70780636.jpg

[2] Burlington Free Press reported: http://www.burlingtonfreepress.com/article/20130429/NEWS03/304290027/Shumlin-signs-gas-tax-increase-takes-effect-Wednesday?nclick_check=1

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