Gas Stimulus Payment: How Can You be Eligible to Receive a tax refund from gas spendings?

You could be eligible for a refund if you filled up your gas tanks in Missouri the last year and kept your receipts. Drivers in Missouri may now request for a partial refund of the gas tax increase from the last year. A 4923-H form must to be completed by anybody wishing to request a refund. Via online mode , the Missouri Department of Revenue is now accepting applications for refunds of the 2.5 cent increase in gas taxes from the last year.

Citizens who purchased gas between July 1, 2023, and June 30, 2024, are Gas Stimulus Payment 2024 Eligible for this refund. Up to September 30, 2024, refund requests may be filed. According to the Missouri DOR application form, in order to be eligible to make a claim, a person must also purchase gas for cars under 26,000 pounds and use their car on public roads.

Gas Stimulus Payment 2024

By presenting their receipts for gas purchases made between July 1, 2023, and June 30, 2024, Missourians can get a refund of gas tax. To be eligible for a refund, you must file online by September 30th or submit Form 4923-H. From July 2021, when Senate Bill 262 became a law, the vehicle gasoline tax in Missouri has been rising by 2.5 cents per gallon. 

Monday saw another hike in the tax, which now stands at 27 cents per gallon (up from 24.5 cents per gallon in the last fiscal year). The Department of Revenue projects that the tax will increase annually until 2025, when it will reach its highest point of 29.5 cents a gallon.

Missouri Motor Fuel Tax 2024 Details

Department NameMissouri Department of Revenue
Available inMissouri
Eligible time periodJuly 1, 2023, and June 30, 2024
Last date applySeptember 30, 2024
Official Websitedor.mo.gov

Gas Stimulus Payment 2024 Eligibility Requirements

To submit a refund claim, applicants must fulfill these requirements as well as provide the following information, per Missouri DOR guidelines:

  • Date of the Sale
  • The motor vehicle into which the motor gasoline was supplied has its vehicle identification number.
  • Name and address of buyer
  • Name and address of seller
  • Number of gallons purchased

Following Gov. Mike Parson’s 2021 authorization of a bill, Missouri will increase its vehicle gasoline tax by 2.5 cents per gallon until 2025. The state’s road and bridge projects are to be funded in part by the tax hikes.

Gas Stimulus Payment: How Can You be Eligible to Receive a tax refund from gas spendings?

How to claim Gas Stimulus Payment?

  • Drivers must submit form 4923-H online between July 1, 2023, and June 30, 2024, in order to get the reimbursement if they have their gas tax receipts. The total number of gasoline and/or diesel gallons purchased as well as the vehicle identification number are required on the form.
  • Drivers can email the state, call 800-735-2966, or 573-751-7671 for assistance with the application or issues regarding the reimbursement. As per the Missouri Department of Revenue, the average gas tax refund in 2022 was USD 27.86.
  • In line with the 2.5 cent hikes authorized by voters through 2025, Missouri’s gas tax went up from 24.5 to 27.5 cents per gallon. Although Senate Bill 262, which was approved in 2001, permits drivers to apply for a refund, the additional funds are used for road and bridge upkeep.

What is Motor Fuel Tax Revenue Used For?

Over $44 billion was received by the transportation fund in revenue in 2019. Certain taxes on gasoline and diesel may only be utilized, depending on the jurisdiction, for transportation-related initiatives like infrastructural upgrades.

In some legal systems, the money collected might be put to the general budget, which funds a range of initiatives. Meanwhile, the Federal Aviation Administration’s (FAA) activities at airports and in air traffic control are primarily supported by tax income from aviation fuel and jet fuel.

Which State has the Highest Tax Rate?

Pennsylvania, with its $0.576 per gallon fuel tax, is the state with the highest rate, closely followed by California ($0.511 per gallon). Pennsylvania has the highest fuel tax rate, which is $0.741pergallon. Meanwhile, Massachusetts has the highest aviation fuel tax rate, at $0.359 per gallon. At $0.235 per gallon, Washington, DC has the highest jet fuel tax rate.

Which State Tax Rate Is the Lowest?

Since the governor of Georgia just halted the tax, the state has the lowest gas tax rate, at $0.0000 per gallon. Alaska has the second-lowest gas tax in the US, at $0.0895 per gallon. Diesel from Alaska has the lowest tax rate, which is $0.0895 per gallon. Oklahoma boasts the lowest aviation fuel tax rate, at $0.0008 per gallon. Oklahoma also imposes the lowest jet fuel tax, which is $0.0008 per gallon.

Gas Tax in USA by State

StateGasoline Tax
Alabama$0.29 per gallon
Alaska$0.0895 per gallon
Arizona$0.18 per gallon
Arkansas$0.247 per gallon
California$0.596 per gallon
Colorado$0.22 per gallon
Connecticut$0.25 per gallon
Delaware$0.23 per gallon
District of Columbia$0.235 per gallon
Florida$0.36525 per gallon
Georgia$0.323 per gallon
Hawaii$0.16 per gallon
Idaho$0.32per gallon
Illinois$0.47per gallon
Indiana$0.35 per gallon
IowaBetween $0.255 – 0.30 per gallon
Kansas$0.240 per gallon
Kentucky$0.264 per gallon
Louisiana$0.20per gallon
Maine$0.30 per gallon
Maryland$0.461 per gallon
Massachusetts$0.24 per gallon
Michigan$0.30 per gallon
Minnesota$0.285 per gallon
Mississippi$0.18 per gallon
Missouri$0.27 per gallon
Montana$0.33 per gallon
Nebraska$0.296per gallon
Nevada$0.23per gallon
New Hampshire$0.222 per gallon
New Jersey$0.423 per gallon
New Mexico$0.17per gallon
New York$0.2535per gallon
North Carolina$0.385 per gallon
North Dakota$0.230 per gallon
Ohio$0.385 per gallon
Oklahoma$0.19 per gallon
Oregon$0.38 per gallon
Pennsylvania$0.576 per gallon
Rhode Island$0.34 per gallon
South Carolina$0.26 per gallon
South Dakota$0.28 per gallon
Tennessee$0.26 per gallon
Texas$0.20 per gallon
Utah$0.365 per gallon
Vermont$0.3251 per gallon
Virginia$0.308per gallon
Washington$0.494 per gallon
West Virginia$0.357 per gallon
Wisconsin$0.309 per gallon
Wyoming$0.24 per gallon

Leave a Comment