Introduced by Representative Edwards of Brattleboro
Subject: Taxation; gasoline tax; renewable energy systems
Statement of purpose: This bill proposes to increase the gas tax by one‑half cent per gallon and to allocate the revenue received to the clean energy development fund to be used for small scale renewable energy in Vermont residences and businesses.
AN ACT RELATING TO INCREASING THE GASOLINE TAX BY ONE‑HALF CENT TO FUND RENEWABLE ENERGY IN VERMONT BUSINESSES AND RESIDENCES
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 23 V.S.A. § 3106 is amended to read:
§ 3106. IMPOSITION, RATE, AND PAYMENT OF TAX
Except for sales of motor fuels between distributors licensed in this state,
which sales shall be exempt from the tax, in all cases not exempt from the tax
under the laws of the United States at the time of filing the report required
by section 3108 of this title, each distributor shall pay to the commissioner a
19 19.5 cents per gallon upon each gallon of motor fuel
sold by the distributor. The distributor shall also pay to the commissioner a
tax in the same amount upon each gallon of motor fuel used within the state by
him or her.
* * *
as provided in
subsection subsections (d) and (e) of this
section, and section subdivision 1220a(b)(3) of this title, all
taxes, interest, and penalties collected by the department of motor
vehicles under this chapter shall be paid to the state treasurer and credited
to the transportation fund.
* * *
(e) Revenues received from one-half cent of the gasoline tax collected under subsection (a) of this section shall be deposited into the Vermont clean energy development fund established by 10 V.S.A. § 6523 to be used for small scale renewable energy in Vermont residences and businesses.
The Vermont General Assembly
115 State Street