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2007 SESSION

• | print version

HB 2997 Motor fuels tax; modifies rates of taxation.

Introduced by: James M. Scott | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Motor fuels tax.  Modifies the rates of taxation on motor fuels to be the greater of (i) the current specific cents-per-gallon rates or (ii) percentage rates, 7.3% for gasoline and gasohol, and 6.5% for diesel.  The percentage rates would be applied against the average price per gallon of the fuel, less federal and state taxes, as determined by the Commissioner of the Division of Motor Vehicles over rolling six-month periods.

FULL TEXT

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 071903500  pdf | impact statement

HISTORY

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 071903500
• 01/10/07  House: Referred to Committee on Finance
• 01/18/07  House: Assigned Finance sub: #2 (Ware, R.L.)
• 02/06/07  House: Left in Finance