In addition to fuel tax increases, HB 1060/Act 89 provides for numerous fine increases and for registration, license and other fee increases. In all, PA taxes on gasoline are expected to rise by approximately 28 cents per gallon over that period. Furthermore the current cap on the OCFT will be lifted over a five-year period. Under HB 1060/Act 89, the 12 cents per gallon Liquid Fuels and Fuels Taxes will be eliminated and the revenue will be replaced by an increase in the Oil Company Franchise Tax (“OCFT”). On November 21st the General Assembly sent HB 1060 to Governor Corbett and on November 25th he signed it into law as Act 89 of 2013. Seemingly dead after falling one vote short on November 18th, the House reversed itself on a bipartisan vote of 104-95 on November 19th, in support of increased funding. After years of effort by multiple administrations and after overcoming difficult political hurdles in the Pennsylvania House of Representatives, the Commonwealth has finally addressed its steadily worsening transportation funding problem.
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