Bill No.: HB0069 Drafter: JDA
LSO No.: 14LSO-0283 Effective Date: Immediate
Enrolled Act No.: HEA0029
Chapter No.: CH0061
Prime Sponsor: Representative Larsen
Catch Title: Fuel tax natural gas.
Subject: Fuel Tax Rate on Compressed Natural Gas
Summary/Major Elements:
· Under existing law, there is not a specific provision applicable to imposing the gasoline or diesel fuel tax on natural gas fuels.
· This bill specifies that compressed natural gas shall be subject to the tax rate for gasoline based on a gasoline gallon equivalent of the compressed natural gas.
· This bill specifies that liquid natural gas shall be subject to the tax rate for diesel fuel based on a diesel fuel equivalent of the liquid natural gas.