Rate of Tax on Aviation Gasoline for 1998; Rate of Tax on Jet Fuels for 1998 [27 Pa.B. 6525] Under 74 Pa.C.S. § 6121(b), the Secretary of Revenue announces that for the calendar year 1998 the rate of tax on aviation gasoline and all other liquid fuels used or sold and delivered by distributors within this Commonwealth for use as fuel in propeller-driven piston engine aircraft or aircraft engines will decrease from the current rate of 3-7/10¢ to 3-5/10¢* per gallon or fractional part thereof.
Under 74 Pa.C.S. § 6131(b), the Secretary of Revenue announces that for the calendar year 1998 the rate of tax on jet fuels used or sold and delivered by distributors within this Commonwealth for use as fuel in turbine-propeller jet, turbojet and jet-driven aircraft and aircraft engines will decrease from the current rate of 1-9/10¢ to 1-7/10¢ per gallon or fractional part thereof.
The rate of tax on aviation gasoline is adjusted annually beginning on January 1, 1985 and each January 1 thereafter. The rate of tax on jet fuels is adjusted annually beginning on January 1, 1986 and each January 1 thereafter. Under 74 Pa.C.S. § 6121(b) and § 6131(b) the rate of each tax increases or decreases 1/10 of a cent per gallon for each 10% increase or decrease in the producer price index for jet fuel as determined by the United States Department of Labor, Bureau of Labor Statistics, for the most recent 12-month period available as of November 1, subject to a maximum rate of 6¢ per gallon for aviation gasoline and 2¢ per gallon for jet fuels. On November 1, 1997, the most recently available 12-month period was September 1996 to September 1997, as reported in Bureau of Labor Statistics, United States Department of Labor, Producer Price Indexes, September 1997, for which the percentage change was -20.0%. Accordingly, the aviation gasoline tax rate and the jet fuel tax rate both decrease by 2/10 of a cent per gallon.
ROBERT A. JUDGE, Sr.,
Secretary*The rate of 3-5/10¢ per gallon consists of the 1-1/2¢ per gallon tax imposed by the Liquid Fuels and Fuels Tax Act, 75 Pa.C.S. § 9004(c)(2), and the two cents per gallon additional tax imposed by 74 Pa.C.S. § 6121(a). As limited by 74 Pa.C.S. § 6121(b), the combined rate of these two component taxes may never exceed 6¢ per gallon or be less than 3¢ per gallon.
[Pa.B. Doc. No. 97-1994. Filed for public inspection December 12, 1997, 9:00 a.m.]
