Nebraska's tax on every gallon of fuel sold in the state will decrease slightly in July.
LINCOLN, Neb. (AP) - The Nebraska Department of Revenue says the tax will decline to 26.2 cents per gallon on July 1. That's a decrease of half a cent from the current tax of 26.7 cents per gallon.
Officials estimate that each cent of motor fuels tax generates about $12 million in revenue annually for the state.
The new fuel tax rate will remain in effect through the end of 2012.
Nebraska Revenue Department: http://www.revenue.ne.gov
(Copyright 2012 by The Associated Press. All Rights Reserved.)
(Image courtesy of Stock.xchng)