HB 3468
Comment:
IFRA Position: Support
Short Description: USE/OCC TAX-MOTOR FUEL
House Sponsors
Rep. Tim Ozinga
Synopsis As Introduced
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the
Retailers' Occupation Tax Act. Provides that, beginning 30 days after the effective date of the amendatory Act, the cents per gallon rate established by the Department of Revenue for the prepayment of tax by motor fuel retailers may not exceed $0.18 per gallon for motor fuel and 80% of that amount for gasohol and biodiesel blends. Provides that the rate of tax imposed under the Acts for motor fuel, gasohol, majority blended ethanol fuel, and biodiesel and biodiesel blends may not exceed that prepayment amount set by the Department of Revenue. Effective immediately.
Last Action
|
Date |
Chamber |
Action |
|
2/17/2023 |
House |
Referred to Rules Committee |