Motor fuels tax rate; converts rate from cents per gallon to a percentage rate. (HB983)
Introduced By
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Motor fuels tax rate. Converts the rate of taxation on motor fuels from cents per gallon to a percentage rate. The bill provides that the Commissioner of the Department of Motor Vehicles shall calculate the percentage rate in an amount that will most closely yield the amount of cents per gallon being charged on the applicable motor fuel prior to the effective date of the bill. Thereafter, the percentage rates would not change, but would be applied against the average price per gallon of the fuel, less federal and state taxes, as determined by the Commissioner of the Department of Motor Vehicles over rolling six-month periods, to determine the cents to be charged. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/11/2012 | Committee |
01/11/2012 | Prefiled and ordered printed; offered 01/11/12 12100624D |
01/11/2012 | Referred to Committee on Finance |
01/20/2012 | Assigned Finance sub: #2 |
01/26/2012 | Impact statement from DPB (HB983) |
02/01/2012 | Subcommittee recommends laying on the table |
02/14/2012 | Left in Finance |