as introduced - 88th Legislature (2013 - 2014) Posted on 03/17/2014 01:58pm
Engrossments | ||
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Introduction | Posted on 03/17/2014 |
A bill for an act
relating to taxation; petroleum; dedicating revenues from the excise taxes
on gasoline used as substitute for aviation gasoline to the state airports fund;
amending Minnesota Statutes 2012, section 296A.09, by adding a subdivision;
repealing Minnesota Statutes 2012, section 296A.18, subdivision 8.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2012, section 296A.09, is amended by adding a
subdivision to read:
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(a) The revenues derived from the excise taxes on
aviation gasoline and on special fuel received, sold, stored, or withdrawn from storage as
substitutes for aviation gasoline, shall be paid into the state treasury and credited to the
state airports fund.
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(b) The revenues derived from the excise taxes on gasoline received, sold, stored, or
withdrawn from storage on the premises of an airport as defined under section 360.013,
subdivision 39, and used as a substitute for aviation gasoline, less any credit allowed under
this chapter, shall be paid into the state treasury and credited to the state airports fund.
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(c) There is hereby appropriated such sums as are needed to carry out the provisions
of this subdivision.
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This section is effective for sales and purchases made after
June 30, 2014.
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Minnesota Statutes 2012, section 296A.18, subdivision 8,
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is repealed.
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This section is effective for sales and purchases made after
June 30, 2014.
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