Amends GS 105-449.60 to provide that the definition of motor fuel is gasoline containing ethanol, diesel fuel, and blended fuel (previously, defined motor fuel as gasoline, diesel fuel and blended fuel), exempting gasoline that does not contain any ethanol from the tax rate imposed on motor fuels in GS 105-449.80.
Effective July 1, 2015.
CLEAN FUEL TAX REDUCTION.
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View NCGA Bill Details | 2015-2016 Session |
AN ACT TO ENCOURAGE THE USE OF CLEAN, UNADULTERATED FUELS BY REDUCING THE TAX RATE ON MOTOR FUEL THAT IS ETHANOL-FREE.Intro. by Bumgardner.
Status: Ref To Com On Finance (House Action) (Mar 18 2015)
Bill History:
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Tue, 17 Mar 2015 House: Filed
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Wed, 18 Mar 2015 House: Passed 1st Reading
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Wed, 18 Mar 2015 House: Ref To Com On Finance
H 257
Bill Summaries:
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Bill H 257 (2015-2016)Summary date: Mar 17 2015 - View Summary
View: All Summaries for Bill