Fuel Tax Holiday Expires August 6 With No Renewal Path

Governor Braun's fuel tax holiday, which has held Indiana's average regular unleaded at a nation-low $3.12 per gallon per AAA, expires August 6. That is the fourth and final permissible extension under Indiana Code. Renewal requires explicit General Assembly approval, and no special session has been formalized.

The quoted figure is 61 cents per gallon. The real exposure is larger. The Gasoline Use Tax is a floating 7% rate calculated monthly against a rolling retail average, and Midwest retail gasoline is already elevated on Strait of Hormuz tensions. When the tax returns August 7, it gets calculated against that higher average. Attorney General Todd Rokita already has 30 fuel distributors under price-gouging investigation, which tells you repricing pressure on logistics contracts is already in motion.