Introduced by Representatives Marron of Stowe, Perry of Richford and Pugh of S. Burlington
Subject: Taxation; gasoline tax; municipal exemption
Statement of purpose: This bill proposes to provide a rebate for gasoline taxes paid by a municipality.
AN ACT RELATING TO GASOLINE TAX MUNICIPAL REBATE
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 23 V.S.A. § 3175 is added to read:
§ 3175. Gasoline Tax Rebate for Municipalities
A municipality shall be entitled to a rebate of taxes and fees imposed under this chapter upon gasoline purchased by the municipality. The amount of the rebate shall be determined by adding the per-gallon tax rate in section 3106 of this title to the per-gallon fee rate in section 3106a and multiplying the result by the number of gallons purchased during the reporting period by the municipality for official municipal purposes. Application for the rebate shall be to the commissioner by August 1 for purchases during the first six months of the calendar year and by February 1 for purchases during the last six months of the preceding calendar year, and shall be in such form and with supporting documentation as the commissioner shall require. Rebates shall be paid by the commissioner from the transportation fund.
Sec. 2. EFFECTIVE DATE
This act shall take effect upon passage, and rebates shall be allowed for purchases made on or after January 1, 2006.
The Vermont General Assembly
115 State Street