The Petroleum Products Tax is suspended effective July 1, 2017 (until further notice). See our Special Notice for more information. 

What is the petroleum products tax?

It is a tax on the first possession of petroleum products within this state.

How do I pay the tax?

The tax is reported on the excise tax return.

What rate do I pay?

The rate is .003 and is based on the wholesale value of the product.

What are the funds used for?

The funds finance a state pollution liability insurance program. The program provides affordable insurance to owners and operators of underground petroleum storage tanks and heating oil tanks.