HB 326

Relating to authorizing the increase or decrease of the rates of the gasoline and diesel fuel taxes based on the cost of certain highway projects.

Principle Criteria

Free Enterprise

Property Rights

Personal Responsibility

Limited Government

Individual Liberty

Digest

HB 326 introduces an adjustable tax rate for gasoline and diesel fuel in Texas, allowing these rates to fluctuate annually based on changes in the highway cost index. The Texas Department of Transportation (TxDOT) would calculate the highway cost index based on the moving average price of materials and labor used in highway projects. The bill requires the comptroller to determine any rate adjustments each year and notify relevant parties. These adjustments would take effect starting January 1, 2026.

Author (1)

Ray Lopez

Contact the Author

Rep. Ray Lopez

Capitol Phone:

(512) 463-0669

Capitol Office:

CAP GW.4

E-Mail:

[email protected]

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