Vermont Motor Vehicle Department Announces MFTIA, MFTA Rates for Third Quarter of 2022

The Vermont Department of Motor Vehicles June 1 announced the quarterly Motor Fuel Transportation Infrastructure Assessment (MFTIA) and the Motor Fuel Tax Assessment (MFTA) fees for July 1 through Sept. 30, for excise tax purposes. The MFTIA fee will increase to $0.0795 from $0.0610 per gallon, and the MFTA fee will increase to $0.1591 from $0.1340 per gallon. Motor fuel distributors must collect the MFTIA assessment on gasoline at 2 percent of the state average retail price of motor fuel upon each gallon of motor fuel sold. The MFTA is calculated as the greater of $0.134 or 4 percent of ...