21RS HB 508

House Bill 508

Actions

Last Action	02/11/21: to Committee on Committees (H)
Title	AN ACT relating to highway funding and making an appropriation therefor.
Bill Documents	Introduced
Fiscal Impact Statement	Local Mandate
Bill Request Number	1759
Sponsor	J. DuPlessis
Summary of Original Version	Amend KRS 138.220 to set a single excise tax on gasoline and special fuels; set initial base rate at 24.6 cents per gallon (cpg); subject tax to annual adjustment; eliminate references to taxation based 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 and annual notification to county clerks of the adjusted rate of highway user fees for electric and hybrid vehicles; amend KRS 138.660 to set the initial base rate for the heavy equipment motor carrier surtax at 4.3 cpg for gasoline and 7.2 cpg for special fuels; 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 no more than ten percent or decrease no more than two percent from one year to the next, subject to the statutory minimums; create a new section of KRS Chapter 186 to establish base highway user fees for nonhybrid electric motor vehicles and plug-in electric hybrid motor vehicles; require collection of the fees at the time of initial registration and upon renewal; require the fees to be adjusted in the same manner as for motor fuel excise taxes; require the fee be transferred to the road fund; amend KRS 186.010 to define "nonhybrid electric motor vehicle" and "plug-in electric hybrid motor vehicles"; amend KRS 186.050 to require payment of the highway user fees for nonhybrid electric motor vehicles and plug-in electric hybrid motor vehicles at the time of registration or renewal; amend KRS 138.210 to delete the definitions for "average wholesale price," "average wholesale floor price," and " quarterly survey value"; amend KRS 138.695, 138.270, 234.320, 234.380, 42.498, 177.329, and 177.365 to conform; repeal KRS 138.228, regarding the calculation of average wholesale price of gasoline, KRS 138.4602, regarding determination of total consideration on vehicles purchased between 2009 and 2014, and KRS 175.505, regarding the debt payment acceleration fund; Sections 1 to 3 are EFFECTIVE July 1, 2021; Sections 4 and 6 are EFFECTIVE January 1, 2022; APPROPRIATION.
Index Headings of Original Version	County Clerks - Electric and plug-in hybrid vehicles, highway usage fee Effective Dates, Delayed - Electric and plug-in hybrid vehicle usage fee, January 1, 2022 Effective Dates, Delayed - Motor fuel tax adjustments, effective July, 1 2021 Fees - Electric and plug-in hybrid vehicles, highway usage fee Fuel - Taxes, Indexing Highways, Streets, and Bridges - Highway funding, omnibus revisions Motor Vehicles - Electric and plug-in hybrid vehicles, highway usage fee Taxation - Fuel tax and heavy equipment motor carrier surtax, adjustments Taxation - Fuel tax, average wholesale price calculation and supplemental highway user tax, elimination Taxation - Gasoline and special fuels excise tax, establishment Transportation - Electric and plug-in hybrid vehicles, highway usage fee Appropriations - Electric and hybrid plug-in vehicles, highway usage fee proceeds, road fund Local Mandate - Electric and plug-in hybrid vehicles, highway usage fee