Indiana gas tax holiday extended through Nov. 4

INDIANAPOLIS — Hoosier drivers and farmers are getting some relief at the gas pump this fall.

Gov. Mike Braun extended the suspension of the collection of the state’s gasoline use tax and gasoline excise tax.

The Indiana Department of Revenue won’t collect the gas use tax or excise tax through Nov. 4.

The governor also issued an executive order suspending special fuel restrictions for dyed diesel.

Farmers and timber harvesters will now be able to use dyed diesel in any vehicles for hauling farm and timber products on Indiana roads.

Agricultural organizations in the state support the actions.

“Indiana Farm Bureau applauds Gov. Braun’s decision to include dyed diesel in the state’s gas tax exemption,” said INFB President Randy Kron.

“As harvest season is underway here in Indiana, this will provide relief to farmers who rely on it to operate essential off-road equipment to provide food, fuel and fiber for the world.

“We appreciate the governor’s support for Indiana agriculture and for listening to our concerns about the ongoing economic pressures farmers are facing from high input costs.”

The Indiana Corn Growers Association and Indiana Soybean Alliance also applaud the measures.

“I appreciate Gov. Braun’s efforts to ease the burden of high diesel prices,” said David Hardin, a farmer from Avon in central Indiana.

“We welcome the relief during a time when we are already experiencing high input costs. However, we need certainty through the entire harvest season and guidance on transitioning back to regular diesel when the exemption concludes.”

Courtney Kingery, CEO of the ICGA and ISA, said the value of the corn and soybeans grown in Indiana is about $13 billion annually.

“There has been an increase of more than $2 per gallon in diesel fuel costs since this spring,” she said.

“While the 64-cent-per-gallon savings from on-road diesel may not completely make up for the $2 per gallon increase, it will help. Farmers could see up to $2,000 in savings per family farm during this exemption.”