Bill Summary for H 257 (2015-2016)
Mar 17 2015
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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.
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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.