A BILL TO BE ENTITLED AN ACT TO CAP THE FUEL TAX RATE AT THE CURRENT CAPPED LEVEL FOR FISCAL YEAR 2014 AND AT THE RATE OF THIRTY-SIX AND ONE-HALF CENTS PER GALLON FOR FISCAL YEAR 2015.
Enacts a cap on fuel tax rates. Accordingly, the motor fuel excise tax rate may not exceed 37.5 cents per gallon from July 1, 2013, through June 30, 2014, and 36.5 cents per gallon from July 1, 2014, through June 30, 2015.
Effective July 1, 2013.
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