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S.F. No. 983 - Special Fuel Excise Tax Rate on Compressed Natural Gas Modification (First Engrossment)
 
Author: Senator Ann H. Rest
 
Prepared By: Krista Boyd, Senate Fiscal Analyst (651/296-7681)
 
Date: April 7, 2015



 

Section 1 reduces the motor fuels tax rate for compressed natural gas (CNG) in the per thousand cubic feet calculation of the rate, and sets a gasoline equivalent (i.e., for comparing energy content of CNG to gasoline) in cubic feet.  This section is effective for sales and purchases made after June 30, 2015.

 
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