|BILL AS INTRODUCED||2007-2008|
Introduced by Representatives Pugh of S. Burlington, Atkins of Winooski, Deen of Westminster, Donovan of Burlington, Emmons of Springfield, Fisher of Lincoln, Howard of Rutland City, Kitzmiller of Montpelier, Larson of Burlington, Lorber of Burlington, McFaun of Barre Town, Milkey of Brattleboro, Nuovo of Middlebury, Orr of Charlotte, Pearson of Burlington, Perry of Richford, Pillsbury of Brattleboro, Sharpe of Bristol and Zuckerman of Burlington
Subject: Taxation; fuel gross receipts tax; repeal of sunset
Statement of purpose: This bill proposes to repeal the sunset on the fuel gross receipts tax.
AN ACT RELATING TO REPEAL OF SUNSET ON FUEL GROSS RECEIPTS TAX
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 33 V.S.A. § 2503(h) is amended to read:
(h) No tax under this section
shall be imposed for any quarter ending after June 30, 2008. Monies from the
escrow account shall be issued for rebates pursuant to subsection (g) of this
section until March 1, 2009.
The Vermont General Assembly
115 State Street