Ohio House Passes Transportation Budget Exempting CNG from Motor Fuel Tax
The Ohio House of Representatives recently passed House Bill 26, the state transportation budget, a two-year funding plan that addresses Ohio’s infrastructure needs while using innovations in technology and maintaining a competitive tax structure.
The transportation budget, House Bill 26, invests more than $7.8 billion over the next two years through proposals to both meet Ohio’s current infrastructure needs and position it for continued growth in the future.
Of significance to the NGV industry is the bill continues to exempt CNG from the motor fuel tax to avoid placing an additional burden on the operators of vehicles powered by the cleaner burning fuel.
“This infrastructure package is an important step to rebuild our communities,” said House Finance Chair Ryan Smith (R-Bidwell). “The transportation budget makes an investment of $7.8 billion that will maintain our roads and improve our economic competitiveness.”
House Bill 26 now awaits consideration in the Ohio Senate.