Kentucky · 2026 Regular Session
Amend KRS 138.220 to set a single excise tax on gasoline and special fuels; set initial base rate at 29.6 cents per gallon (cpg); subject tax to annual adjustment; eliminate references to taxation on the average wholesale price of gasoline and the supplemental tax on gasoline and special fuels; require annual notification to motor fuel dealers of the adjusted rate of the excise tax on gasoline and special fuels for each upcoming fiscal year; amend KRS 138.660 to set the initial base rate for the heavy equipment motor carrier surtax for gasoline at 2.2 cpg for fiscal year 26-27 and 4.3 cpg for fiscal year 27-28 and set the rate for special fuels at 3.6 cpg for fiscal year 26-27 and 7.2 cpg for fiscal year 27-28; subject the surtax to annual adjustment; create a new section of KRS Chapter 138 to define "taxes"; provide a mechanism for annual adjustment of the excise tax on gasoline and special fuels and the heavy equipment motor carrier surtax based on changes in the National Highway Construction Cost Index 2.0; allow these taxes to increase or decrease no more than 5% from one year to the next, subject to the statutory minimums; amend KRS 186.018 to increase the fee for a driving…
WITHDRAWN (2026-03-31)