Bill Summary for H 257 (2015-2016)
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Summary date:
Mar 17 2015
Bill Information:
| 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.
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Bill summary
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.