Rhode Island Gas Tax Rate Increase, July 2015
- Fuel Tax News
- May 15, 2015 | Gail Cole
Effective July 1, 2015, gasoline tax in Rhode Island will increase by one cent, from 32 cents per gallon to 33 cents per gallon. The increase is an adjustment for inflation.
According to a Rhode Island Division of Taxation advisory, state statute requires the gas tax to be adjusted every other year “by the percentage of increase in the consumer price index for all urban consumers,” beginning July 1, 2015. It will next be adjusted on July 1, 2017.
The rate adjustment applies only to the Rhode Island excise tax on gasoline, not the Rhode Island environmental protection regulatory fee or the federal excise tax. However, it does apply to “diesel and other taxable motor fuels,” as defined under Rhode Island Law. Additional information.
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