2016 -- S 2346

========

LC004656

========

     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2016

____________

A N   A C T

RELATING TO MOTOR AND OTHER VEHICLES -- MOTOR FUEL TAX

     Introduced By: Senator Walter S. Felag

     Date Introduced: February 10, 2016

     Referred To: Senate Finance

     It is enacted by the General Assembly as follows:

     SECTION 1. Section 31-36-7 of the General Laws in Chapter 31-36 entitled "Motor Fuel

Tax" is hereby amended to read as follows:

     31-36-7. Monthly report of distributors -- Payment of tax. -- (a) State requirements. -

Every distributor shall, on or before the twentieth (20th) day of each month, render a report to the

tax administrator, upon forms to be obtained from the tax administrator, of the amount (number

of gallons) of fuels purchased, sold, or used by the distributor within this state and the amount of

fuels sold by the distributor without this state from fuels within this state during the preceding

calendar month, and, if required by the tax administrator as to purchases, the name or names of

the person or persons from whom purchased and the date and amount of each purchase, and as to

sales, the name or names of the person or persons to whom sold and the amount of each sale, and

shall pay at the same time to the administrator tax at the rate of thirty-two cents ($0.32) twenty-

eight cents ($0.28) per gallon on all taxable gallons of fuel sold or used in this state.

      (b) Federal requirements. - In the event the federal government requires a certain portion

of the gasoline tax to be dedicated for highway improvements, then the state controller is directed

to establish a restricted receipt account and deposit that portion of gasoline tax receipts which

brings the state into federal compliance.

      Beginning July 1, 2015 and every other year thereafter, the gasoline tax shall be adjusted

by the percentage of increase in the Consumer Price Index for all Urban Consumers (CPI-U) as

published by the United States Bureau of Labor Statistics determined as of September 30 of the

prior calendar year; said adjustment shall be rounded to the nearest one cent ($.01) increment,

provided that the total tax shall not be less than provided for in section (a).

     SECTION 2. This act shall take effect upon passage.

========

LC004656

========

LC004656 - Page 2 of 3

EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO MOTOR AND OTHER VEHICLES -- MOTOR FUEL TAX

***

     This act would reduce the tax per gallon on all taxable gallons of gasoline sold or used in

this state from thirty-two cents ($0.32) per gallon to twenty-eight cents ($0.28) per gallon.

     This act would take effect upon passage.

========

LC004656

========

LC004656 - Page 3 of 3