MOTOR FUEL-MARINE FUEL

Session: 103rd General Assembly
Year: 2023
Bill #: HB2974
Category: Revenue
Position: Oppose
Mandate?
Revenue Loss? Yes
Authority Preemption?

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Summary as Introduced

Amends the Motor Fuel Tax Law. Provides that, on and after July 1, 2023, marine fuel is exempt from the tax imposed under the Act. Provides that "marine fuel" means motor fuel specially formulated to be used in the propulsion of watercraft. Effective immediately.



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