Reminder: Iowa Motor Fuel Excise Tax Rate Change Effective July 1, 2018
June 12, 2018 | 
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 |
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 |
