Identical to S 448 filed on 3/25/15.
Amends GS 105-449.130, definitions for alternative fuel, providing a new term,gas gallon equivalent of liquefied propane gas, defined as the energy equivalent of 5.75 pounds of liquefied propane gas.
Amends GS 105-449.136(a), tax rates for alternative fuel, providing that the tax on liquefied propane gas is imposed on each gas gallon equivalent of liquefied propane gas.
Effective July 1, 2015.
Bill Summaries: H494 EQUALIZE TAX ON PROPANE USED AS A MOTOR FUEL.
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Bill H 494 (2015-2016)Summary date: Apr 2 2015 - View Summary