Bloomberg Tax
March 12, 2019, 8:02 PM UTCUpdated: March 12, 2019, 9:06 PM UTC

Governor’s $300M Gas-Tax Plan Approved in Alabama (1)

Chris Marr
Chris Marr
Staff Correspondent

Alabama Gov. Kay Ivey signed her $300 million gas tax plan into law after it won quick passage in a week-long special legislative session.

The state’s taxes on gasoline and diesel fuel will increase by 10 cents per gallon by October 2021, while drivers of electric and plug-in hybrid vehicles will pay annual registration fees of $200 and $100, respectively, under H.B. 2. The state currently charges 18 cents per gallon for gasoline and 19 cents for diesel.

“We will use this new revenue to build a better future for our state for years to come,” Ivey told reporters ...

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