Bill Summaries: H494 (2015-2016 Session)

Tracking:
  • Summary date: Apr 2 2015 - View summary

    Identical to S 448 filed on 3/25/15.

    Amends GS 105-449.130, definitions for alternative fuel, providing a new term,gas gallon equivalent of liquefied propane gas, defined as the energy equivalent of 5.75 pounds of liquefied propane gas. 

    Amends GS 105-449.136(a), tax rates for alternative fuel, providing that the tax on liquefied propane gas is imposed on each gas gallon equivalent of liquefied propane gas. 

    Effective July 1, 2015.