Bill
SD 966
Overview: SD 966, "An Act providing for motor vehicle fuel tax relief for the Commonwealth", has passed the House and is awaiting further action.Purpose and Intent: The main goal o
Overview: SD 966, "An Act providing for motor vehicle fuel tax relief for the Commonwealth", has passed the House and is awaiting further action.
Purpose and Intent: The main goal of this bill is to provide temporary relief to consumers by reducing the state's motor vehicle fuel tax during a period of high gasoline prices.
Key Provisions:
- Reduces the state's motor vehicle fuel tax by $0.20 per gallon for a period of 6 months
- Requires the state to backfill any lost revenue to the Transportation Fund to ensure continued funding for infrastructure projects
- Directs the state to monitor fuel prices and the effectiveness of the tax relief, with the option to extend the reduction if necessary
Affected Parties and Impacts: The bill would directly benefit consumers by lowering the cost of gasoline and diesel fuel at the pump. However, the state would need to find alternative revenue sources to maintain transportation funding, which could have broader budgetary implications.
Procedural and Timeline Considerations: The bill has passed the House and is now awaiting further action, potentially in the Senate. If passed, the fuel tax reduction would likely take effect within a relatively short timeframe, such as 30-60 days, to provide immediate relief to consumers.
Compiled from official sources — confirm details with the bill’s official record.
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