HARTFORD – State Senator Christine Cohen, Senate Chair of the Transportation Committee, welcomes news that the state diesel tax will fall by 7% beginning July 1. Each year, the Connecticut Department of Revenue Services determines the diesel tax using a formula linking the tax to the wholesale cost of diesel fuel.
This year, the diesel tax will fall from 52.4 cents per gallon, to 48.9 cents – a 3.5 cent per gallon reduction.
“This tax cut comes at a critical time when the economy is facing much uncertainty between conflict in the Middle East that could affect oil prices and the administration’s on-again-off-again trade wars,” said Sen. Cohen. “This decrease will provide some relief on operating costs for businesses, the trucking industry in particular, and I am hopeful that relief will be shared with consumers.”
In 2023, Senator Cohen voted alongside many of her colleagues to freeze the expected diesel tax increases.
You can learn more about the decrease here, and the formula used to determine the diesel tax here.
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