Natural Gas and Propane Tax
Propane, compressed natural gas (CNG), and liquefied natural gas (LNG) are subject to the following taxes below with an additional variable component to be determined by the Florida Department of Revenue (Department) each calendar year for the following 12-month period:
Timeframe | Excise Tax per Gasoline Gallon Equivalent (GGE) | Ninth-Cent Fuel Tax | Local Option Fuel Tax |
---|---|---|---|
Starting January 1, 2024 | $0.04 | $0.01 | $0.01 |
Starting January 1, 2026 | $0.02 | $0.05 | $0.05 |
Starting January 1, 2027 | $0.04 | $0.01 | $0.01 |
To determine this tax, the Department will require each propane and natural gas retailer to file monthly electronic reports beginning February 2024. For taxation purposes, one GGE is equal to 5.66 pounds (lbs.) or 126.67 standard cubic feet of CNG; 6.06 lbs. of LNG; and 1.35 gallons of propane. Exemptions may apply.
(Reference Florida Statutes 206.9955, 206.9965, and 206.996 and House Bill 7073, 2024)
Jurisdiction: Florida
Type: Laws and Regulations
Enacted: May 2, 2013
Amended: May 8, 2024
Technologies: Natural Gas, Propane (LPG)
See all Florida Laws and Incentives.