Indiana Gov. Mike Braun renewed the state fuel tax suspension for 30 days through December 4, with combined savings of 64 cents per gallon and untaxed diesel for farmers and timber producers.
Indiana Gov. Mike Braun signed executive orders Wednesday renewing the state fuel tax suspension for another 30 days, in effect through December 4.
The orders suspend the excise tax and the gasoline usage tax — which together amount to 64 cents per gallon during November — and lift restrictions on untaxed diesel for farmers and timber producers.
“Affordability is my top priority and I’m using every tool available to help Hoosier families and farmers save money at the pump,” Braun said in a statement. “We’re keeping these savings for Hoosier families and farmers in place for another month while protecting funding for our roads and infrastructure.”
The average price of regular gasoline in Indiana stood at $3.75 per gallon Wednesday, 37 cents below the national average, according to AAA.
Braun first lifted the 7% gasoline usage tax in April through a little-known energy emergency law. The following month he renewed and expanded the order to also cover the 37-cent-per-gallon excise tax; both taxes have remained suspended for six months.
In late September, the governor declared a separate energy emergency to lift restrictions on untaxed diesel, which is normally reserved for off-road vehicles such as combines. That emergency expires on December 4.
The Indiana Department of Transportation projected in August that the state would forgo $1.1 billion in revenue if the gasoline tax suspension were extended through early December. Braun reported in September that the fiscal impact of the off-road diesel order would range from $1 million to $3 million.
This is the last planned suspension. The governor would need to declare a new emergency to continue the measures, but Braun has already said it is unlikely he will issue another so close to the start of the new legislative session, scheduled for early January.
