(Doc Name h:\legwork\house\amend\h-wm\006\motor fuel user fee.docx):
EXPLANATION: Sets motor fuel user fee, "C" fund amounts, and allows for a tax credit.
Amend the bill, as and if amended, Part IB, Section 117, GENERAL
PROVISIONS, page 537, after line 24, by adding an appropriately
numbered paragraph to read:
/(GP: Motor Fuel User Fee) (A) The motor vehicle user fee
imposed upon gasoline, diesel and other such fuels, shall be set
at twenty-six cents a gallon.
(B) The amount of the user fee shall
increase or decrease by the percentage change in the wholesale
price of motor fuel subject to the user fee in the applicable
base period. Two base periods for calculating the percentage
change in the whole sale price shall be set from July first to
December thirty-first, and January first to June thirtieth
within the current fiscal year. The percentage change
calculations shall be determined by September thirtieth and
March thirtieth, so that the adjustment percentage may be
calculated for the following six-month based period. The
Department of Transportation must determine the change in the
average wholesale price of motor fuel for each base period. The
department must use information on refiner and gas plant
operator sales prices of finished motor gasoline and diesel fuel
for resale, published by the United States Department of Energy
in the 'Monthly Energy Review', or equivalent data. The
department must use a weighted average of the results for each
motor fuel based on the proportion of user fee collected to the
base period. The department must then convert the weighted
average price to a cents-per-gallon rate for all motor fuel and
round the rate to the nearest one-tenth of a cent. If the
converted cents-per-gallon rate is exactly between two-tenths of
a cent, the department must round the rate up to the higher of
the two.
(C) The proceeds of the user fee
transferred to the "C" fund program shall be set at
three and one-half cents a gallon.
(D) Donor fund distributions, as
related to the collection and transfer of the portion of motor
fuel user fee designated for the "C" fund program, are
suspended in the current fiscal year.
(E) For tax year 2014, there is
allowed a refundable income tax credit equal to twenty-six
dollars for every motor vehicle registered to the taxpayer that
is licensed in this State. The taxpayer only may claim the
credit if there are no delinquent property taxes owed on the
motor vehicle./
Renumber sections to conform.
Amend totals and titles to conform.