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Fuel tax to decrease in July, by a half cent!

LINCOLN, Neb. (AP) — Nebraska’s tax on every gallon of fuel sold in the state will decrease slightly in July.

The Nebraska Department of Revenue says the tax will decline to 26.2 cents per gallon on July 1. That’s a decrease of half a cent from the current tax of 26.7 cents per gallon.

Officials estimate that each cent of motor fuels tax generates about $12 million in revenue annually for the state.

The new fuel tax rate will remain in effect through the end of 2012.

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