• Lawmakers work on higher gas tax
    March 10,2013

    MONTPELIER — A Vermont House committee is soon expected to finish a gasoline tax increase that would take effect over the next two years.

    The House Transportation Committee is expected to approve a 2 percent sales tax on gasoline that would take effect in June. In July of 2014, the sales tax would go up another 2 cents on a dollar, to 4 percent.

    Meanwhile, in fiscal 2015, the cents-per-gallon tax would drop by nearly 6 cents from its current level of 19 cents per gallon. The upshot would be nearly $26 million more in gasoline taxes collected by the state.

    Lawmakers have been looking for ways to shore up transportation revenues. Declining sales of gasoline have cut into revenues from gasoline taxes that historically have been raised mainly on a per-gallon basis.

    MORE IN This Just In
    Home fire kills

    woman, 63

    PANTON — Fire officials say a 63-year-old woman has... Full Story
    Contract OK’d,

    strike avoided

    BURLINGTON — Teachers in Vermont’s largest school... Full Story
    Private ski resort

    seeks to expand

    SPRINGFIELD — The state is requesting more... Full Story
    More Articles
    • VIDEOS
    • PHOTOS