Reminder: Iowa Motor Fuel Excise Tax Rate Change Effective July 1, 2018

June 12, 2018 | comments

On July 1, 2018, the effective excise tax rate for gasoline without ethanol will increase from $.305 cents per gallon to $.307 cents per gallon. It is expected that all other fuel related excise tax rates will remain at their current rate. PMCI will be working closely with the Iowa Department of Revenue and we will provide members with an update in the event of any additional excise tax rate changes.

Fuel Type	7-1-17 to 6-30-18	Effective 7-1-18
Gasoline	$0.305	$0.307
Alcohol	$0.290	$0.290
Ethanol Blended Gasoline	$0.290	$0.290
E85	$0.290	$0.290
Diesel (including biodiesel B10 and lower)	$0.325	$0.325
Biodiesel B11 or Higher	$0.295	$0.295
Aviation Gasoline	$0.080	$0.080
Aviation Jet	$0.050	$0.050
Liquefied Petroleum Gas (LPG)	$0.300	$0.300
Liquefied Natural Gas (LNG)	$0.325	$0.325
Compressed Natural Gas (CNG)	$0.310	$0.310

State Tax