SB 1201
Modifies the motor fuel tax
Sponsor:
LR Number:
4371S.01I
Committee:
Last Action:
3/4/2004 - Voted Do Pass S Transportation Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2004

Current Bill Summary

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

Amendments

No Amendments Found.