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.
EQUALIZE TAX ON PROPANE USED AS A MOTOR FUEL.
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| View NCGA Bill Details | 2015-2016 Session |
AN ACT TO EQUALIZE THE TAXATION OF LIQUEFIED PROPANE GAS WHEN USED AS A MOTOR FUEL.Intro. by Collins.
Status: Ref To Com On Finance (House Action) (Apr 2 2015)
Bill History:
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Wed, 1 Apr 2015 House: Filed
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Thu, 2 Apr 2015 House: Passed 1st Reading
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Thu, 2 Apr 2015 House: Ref To Com On Finance
H 494
Bill Summaries:
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Bill H 494 (2015-2016)Summary date: Apr 2 2015 - View Summary
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