Bill Status of SB4195 102nd General Assembly
Short Description: USE/OCC TAX-MOTOR FUEL
Sen. Dave Syverson - Donald P. DeWitte - Craig Wilcox - Dan McConchie, Darren Bailey, Steve McClure, Jason Plummer, Terri Bryant, Dale Fowler, Sally J. Turner, Chapin Rose, Win Stoller, Jil Tracy, Jason A. Barickman, Brian W. Stewart, John F. Curran, Sue Rezin and Neil Anderson
| 3/10/2022||Senate||Referred to Assignments|
Statutes Amended In Order of Appearance
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.