Missouri fuel tax increase goes into effect on October 1
CAPE GIRARDEAU, Mo. (KFVS) - Missourians will see their first fuel tax increase since 1996 next month.
On October 1, Missourians will see a price increase of 2.5 cents per gallon.
It is part of the gas tax bill lawmakers passed and Governor Mike Parson approved on July 13.
Each year prices will rise until the tax reaches a total 12.5 cents by 2025.
“More taxes…yay,” said Robert Pickens, who is not happy about a gas tax increase. “If I felt confident that it would go to fix Missouri roads and what not, but I still have to maintain a certain level of living.”
Pickens thinks people will adapt to the higher gas prices because it continues to fluctuate.
“Since October, it’s been kind of high,” said Pickens.
But he’ll continue to buy gas in Missouri, because it’s still lower than in Illinois.
“I try to avoid the places where I’ll have to pay more. I’m not trying to pay taxes towards another person’s road,” said Pickens.
Kenneth Whitehorn said the higher gas tax is going to have a significant impact on people here and around the county.
“Those who depend on gas and saving money when they travel, that’s going to definitely have a negative impact,” said Whitehorn. “Because their going to either go shorter distances or fewer trips throughout the year.”
But then again, he said, “With the taxes going up on gas that might actually make people wanna go out and work. So, they can actually afford the gas increase. But everybody else that’s working hard trying to make ends meet. That’s still going to impact them one way or another.”
On a positive note, Missourians can get an exemption and refund for the fuel tax, but you’ll need to keep accurate records each time you fill up.
The following is what the Missouri Department of Revenue will require:
- Drivers to provide the vehicle’s VIN number
- Date of sale
- Names and addresses of the purchasers and the seller
- The number of gallons purchased and charged the Missouri tax
The Department of Transportation estimates the fuel tax increase, when fully implemented, will generate another $460 million annually for the state’s roads and bridges.
Currently, across the state of Missouri, a gallon of regular gas is $2.85 on average, according to AAA.
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