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(link is external) | 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(link is external)
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Thu, 2 Apr 2015 House: Passed 1st Reading(link is external)
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Thu, 2 Apr 2015 House: Ref To Com On Finance(link is external)
H 494
Bill Summaries:
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Bill H 494 (2015-2016)Summary date: Apr 2 2015 - View Summary
View: All Summaries for Bill