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FOR IMMEDIATE RELEASE:
June 20, 2011
FOR INFORMATION CONTACT:
Douglas A. Ewald, Tax
Commissioner
(402) 471-5604
MOTOR FUELS TAX SET FOR JULY 1 THROUGH DECEMBER 31, 2011
LINCOLN — Based on the certification of the Director of the Department of Roads, the Nebraska Department of Revenue has calculated the motor fuels tax for July 1 through December 31, 2011 to be 26.3 cents per gallon. This is a decrease from the current 26.4 cents per gallon. The July 1 through December 31 tax consists of the following components:
• 4.7 cents per gallon variable tax;
• 10.3 cents per gallon fixed tax; and
• 11.3 cents per gallon wholesale tax.
The Director of the Department of Roads sets the variable percentage rate at an amount sufficient to ensure adequate funding for highway projects, including maintenance and improvements. This rate was set at 1.4% for the period July 1 through December 31, 2011. This rate was applied to the base price of fuel purchased by the State in April 2011, establishing the July through December 2011 variable motor fuels tax to be 4.7 cents per gallon. Questions regarding the calculation of the variable percentage rate may be directed to the Department of Roads at 402-479-4635.
One cent of motor fuels tax results in approximately $12 million of revenue annually. Statistical information regarding the motor fuels tax receipts can be found at www.revenue.ne.gov.
The Petroleum Release Remedial Action Fee is not included in the state motor fuels tax and remains unchanged at 0.9 cents per gallon on motor vehicle fuels and 0.3 cents per gallon on diesel fuels.
Current and historical motor fuels tax rates per gallon can be found at www.revenue.ne.gov/fuels/fuelrate.html. For questions about motor fuels tax, please contact Motor Fuels Taxpayer's Assistance at 800-554-FUEL (800-554-3835) or 402-471-5730.
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APPROVED:
Douglas A. Ewald
Tax Commissioner
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