ONE state’s motorists are feeling their wallets tight as lawmakers seek to increase gas tax revenues — but some drivers may be able to recoup some of their lost money.
Missouri has introduced a tax refund program for some drivers as it increases its tax rates.
Missouri’s gasoline tax is historically low.
Motorists in the state pay only 19.5 cents per gallon for all gas transactions.
According to Wise Voter, the state has not changed the price in 25 years, making it the 11th cheapest state to buy gas.
In 2021, the state began instituting a 2.5 cent increase on every gallon of gasoline sold.
The first price increase hit state motorists in October 2021.
The increase is expected to end in 2025 when the price hits 30 cents per gallon tax.
However, most drivers can get some money back from the state.
To mitigate the higher costs, Missouri lawmakers set aside money to pay rebates to some drivers.
WITHIN THE DISCOUNTS
Missouri Senate Bill SB262 outlines several parameters for drivers requesting a refund.
Cars must weigh less than 26,000 pounds to be eligible.
The average American car weighs about 4,000 pounds.
Customers wishing to receive the discount must have receipts of their gas transactions on file.
The state is currently attempting to return the funds to drivers who purchased gas between October 1, 2022 and July 1, 2023.
The supporting documents can be submitted here so that the state can assess eligibility.
Motorists can expect to get a little less than $50 in rebates, Tammi Hilton, the founder of the No MO Gas Tax app, told KSDK.
“This year, most Missourians can make about $40 to $45 per vehicle … if they buy gas weekly or maybe twice a week,” Hilton said.
Hilton said lawmakers “should let Missourians know we’re leaving money on the table.”
Missouri joins several other states in paying residents for energy transitions.
Hawaii offered residents $25 to $1,000 to purchase more efficient air conditioners, solar water heaters, and refrigerators.
Government discounts apply on a first come, first serve basis.
Alaska also reallocated some of its oil and gas earnings for the year.
Most Alaskans received their checks, but some are still listed as Eligible – Unpaid.
The US Sun reports on other energy rebate programs—here’s a rebate Colorado residents may be eligible for.
In addition, Montana residents are eligible for tax breaks.