Bill Text: CT SB00333 | 2014 | General Assembly | Comm Sub
Bill Title: An Act Exempting From The Gross Earnings Tax Propane Gas Used As A Fuel For Over-the-road Vehicles.
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Introduced - Dead) 2014-03-19 - Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding [SB00333 Detail]
Download: Connecticut-2014-SB00333-Comm_Sub.html
General Assembly |
Raised Bill No. 333 | ||
February Session, 2014 |
LCO No. 1883 | ||
*_____SB00333TRAFIN031814____* | |||
Referred to Committee on TRANSPORTATION |
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Introduced by: |
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(TRA) |
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AN ACT EXEMPTING FROM THE GROSS EARNINGS TAX PROPANE GAS USED AS A FUEL FOR OVER-THE-ROAD VEHICLES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Subdivision (2) of subsection (b) of section 12-587 of the 2014 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective from passage):
(2) Gross earnings derived from the first sale of the following petroleum products within this state shall be exempt from tax: (A) Any petroleum products sold for exportation from this state for sale or use outside this state; (B) the product designated by the American Society for Testing and Materials as "Specification for Heating Oil D396-69", commonly known as number 2 heating oil, to be used exclusively for heating purposes or to be used in a commercial fishing vessel, which vessel qualifies for an exemption pursuant to section 12-412; (C) kerosene, commonly known as number 1 oil, to be used exclusively for heating purposes, provided delivery is of both number 1 and number 2 oil, and via a truck with a metered delivery ticket to a residential dwelling or to a centrally metered system serving a group of residential dwellings; (D) the product identified as propane gas, to be used exclusively for heating purposes; (E) bunker fuel oil, intermediate fuel, marine diesel oil and marine gas oil to be used in any vessel having a displacement exceeding four thousand dead weight tons; (F) for any first sale occurring prior to July 1, 2008, propane gas to be used as a fuel for a motor vehicle; (G) for any first sale occurring on or after July 1, 2002, grade number 6 fuel oil, as defined in regulations adopted pursuant to section 16a-22c, to be used exclusively by a company which, in accordance with census data contained in the Standard Industrial Classification Manual, United States Office of Management and Budget, 1987 edition, is included in code classifications 2000 to 3999, inclusive, or in Sector 31, 32 or 33 in the North American Industrial Classification System United States Manual, United States Office of Management and Budget, 1997 edition; (H) for any first sale occurring on or after July 1, 2002, number 2 heating oil to be used exclusively in a vessel primarily engaged in interstate commerce, which vessel qualifies for an exemption under section 12-412; (I) for any first sale occurring on or after July 1, 2000, paraffin or microcrystalline waxes; (J) for any first sale occurring prior to July 1, 2008, petroleum products to be used as a fuel for a fuel cell, as defined in subdivision (113) of section 12-412; (K) a commercial heating oil blend containing not less than ten per cent of alternative fuels derived from agricultural produce, food waste, waste vegetable oil or municipal solid waste, including, but not limited to, biodiesel or low sulfur dyed diesel fuel; (L) for any first sale occurring on or after July 1, 2007, diesel fuel other than diesel fuel to be used in an electric generating facility to generate electricity; (M) for any first sale occurring on or after July 1, 2013, cosmetic grade mineral oil; or (N) propane gas to be used as a fuel for an over-the-road motor vehicle, including, but not limited to, a school bus.
This act shall take effect as follows and shall amend the following sections: | ||
Section 1 |
from passage |
12-587(b)(2) |
TRA |
Joint Favorable C/R |
FIN |