XT 2004-02 - Excise and Motor Fuel Tax Division Information
Release – Motor Fuel Tax Increase - June 11, 2004
Last year, Amended Substitute House Bill 87 increased the
Ohio motor fuel tax rate from $0.22 to $0.24 per gallon
effective July 1, 2003, and from $0.24 to $0.26 per gallon
effective July 1, 2004. The motor fuel tax rate
may increase to
$0.28 per gallon on July 1, 2005, depending on changes to the
federal highway distribution of the federal motor fuel
tax.
Monthly motor fuel
tax returns filed for the reporting months of July 2004
through June 2005 should reflect a tax rate of $0.26 per
gallon.
Please report timely, using the correct tax rate, to avoid
additional interest and a possible reduction in your
shrinkage allowance. If you have any questions, please
contact the Motor Fuel Tax Compliance Unit at (614) 466-3503.