HB1486: Motor Fuel Taxes – Tax–Free Period

Legislative Summary

Providing that, for the 30-day period beginning on the effective date of the Act, certain motor fuel taxes that would otherwise be imposed do not apply; requiring the Comptroller to pay a refund advance of motor fuel tax to qualifying retailers under certain circumstances; requiring a qualifying retailer to pay certain motor fuel tax to the Comptroller within 30 days after the expiration of the tax-free period; authorizing the suspension of certain licenses of a qualifying retailer under certain circumstances; etc.