| SB 1201 | Modifies the motor fuel tax |
| Sponsor: | Cauthorn | |||
| LR Number: | 4371S.01I | Fiscal Note: | 4371-01 | |
| Committee: | Transportation | |||
| Last Action: | 03/04/04 - Voted Do Pass S Transportation Committee | Journal page: | ||
| Title: | ||||
| Effective Date: | August 28, 2004 | |||
SB 1201 - This act directs the Department of Agriculture to
assess a surcharge of eighteen dollars on all petroleum products
within the state. Fifty-five percent of the revenue generated by
this surcharge shall be deposited in the Missouri qualified fuel
ethanol producer incentive fund. The remaining forty-five
percent shall be deposited in the Missouri qualified biodiesel
incentive fund. Railroad and airline companies are not subject
to the load fee described in this act.
MEGAN CRAIN