Virginia House Bill 854

---

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Rate of tax on gasoline and diesel fuel. Lowers the rate of tax on gasoline and diesel fuel on July 1, 2024, from 26.2 cents per gallon to 21.2 cents per gallon on gasoline and from 27 cents per gallon to 20.2 cents per gallon on diesel fuel, which are the rates that were in effect before July 1, 2021. The bill provides that the rate of tax on gasoline and diesel fuel will return to 26.2 and 27 cents per gallon, respectively, on July 1, 2025, and will be indexed based on the change in the United States Average Consumer Price Index occurring between 2021 and 2024; thereafter, the rate will be indexed annually.

Gasoline and diesel fuel; lowers rate of tax.

Del. Baxter Ennis [R]

Del. Chad Green [R]

Del. Wendell Walker [R]

Date	Chamber	Action
2024-02-13	House	Left in Finance
2024-02-02	House	Assigned Finance sub: Subcommittee #2
2024-01-09	House	Referred to Committee on Finance
2024-01-09	House	Prefiled and ordered printed; offered 01/10/24 24102120D

Chapter	Article	Section	Citation Type	Statute Text
58	1	2217	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB854
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB854+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB854F122+PDF