Indiana gas tax to reach record high in May

Indiana gas tax
Photo credit Getty Images

(WBBM NEWSRADIO) - Indiana's gas tax is about to hit the highest level in state history.

Starting in May, the gas taxes in Indiana will total 74.5 cents-a-gallon. That’s the combined total.

The Department of Revenue, under state law, calculates the state’s tax based on the average price of gas the previous month. So, it’s going to be 10% higher than April’s tax and 60% higher than it was in May of last year.

The tax rate next month will be 24.1 cents-a-gallon, which is still considerably lower than the tax in Illinois.

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Featured Image Photo Credit: Getty Images