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SB 0251 -	Motor Fuels; levy of excise tax; exempt school buses from such levy

Tracking Level:

Watch

Sponsor:

McKoon, Joshua 29th

Last Action:

1/22/2016 - Senate Read and Referred

Senate Committee:

FIN

Assigned To:

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Taxation	Next Bill
Tranportation	Next Bill

Staff Analysis of the Legislation

SUMMARY: LC 34 4714

Exempts the excise tax on motor fuels for sales for the exclusive use of a school system in operating school buses when the motor fuel is purchased and paid for by the school system.

EFFECTIVE DATE: July 1, 2016 if approved by the General Assembly and Governor.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text