SB 1767
Comment:
IFRA Position: Oppose/Hot Bill
Short Description: CARGO TRANSPORTATION TAX
Senate Sponsors
Sen. Rachel Ventura
Synopsis As Introduced
Creates the Cargo Transportation Tax Act. Provides that a tax is imposed upon each retailer that transports by common carrier tangible personal property into the State from a point outside of the State. Provides that the tax is imposed at the rate of 0.5% of the retail selling price of the tangible personal property. Provides that proceeds from the tax imposed by the Act shall be deposited into the Cargo Transportation Tax Fund, a special fund created in the State treasury. Provides that moneys in the Fund shall be used by the Department of Transportation for road projects in areas of the State that receive heightened levels of traffic as a result of the transportation of tangible personal property. Effective immediately.
Last Action
|
Date |
Chamber |
Action |
|
2/21/2023 |
Senate |
Assigned to Revenue |