COLUMBUS, Ohio – After more than an hour and a half delay waiting for the substitute bill to be prepared, House Finance Chairman Scott Oelslager (R-District 48) called the meeting to order and presented the Fiscal Year 2020-2021 proposed Ohio Department of Transportation (ODOT) Budget under HB 62. The Transportation Budget, as presented by Oelslager (pictured above), would include an increase of 10.7 cents per gallon on gasoline and 20 cents per gallon on diesel. There would be a three-year phase-in on both increases as follows: Gasoline 5 cents in October 1, 2019 3 cents on October 1, 2020 2.7 cent on October 1, 2021 Diesel 10 cents on October 1, 2019 6 cents on October 1, 2020 4 cents on October 1, 2021 And, it was noted, “This increase will not be indexed,” with the emphasis included in the hard-copy document distributed to the Finance Committee members. The document also reported that the increases in the state motor fuel taxes, once fully phased in, will yield approximately $872 million. The current split of 60/40 between ODOT and local governments will be maintained. The proposal includes new registration fees for electric and hybrid vehicles, at $200 and $100, respectively. Compressed…
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