HOUSE BILL 462

File Code: Taxes - Miscellaneous Prior Year Introduction As: HB1034/99 - W&M

Sponsored By:

Delegate C. Davis

Entitled:

Transportation Funding

Synopsis:

Requiring one-sixth of the sales and use tax revenue to be distributed to the Gasoline and Motor Vehicle Revenue Account of the Transportation Trust Fund; increasing the motor fuel tax rate, from 23.5 cents to 28.5 cents per gallon for gasoline and clean-burning fuel, and from 24.25 cents to 29.25 cents per gallon for special fuel; increasing the sales and use tax rate from 5% to 6%; increasing annual registration fees for Class A (passenger) vehicles by $5; etc.

History by Legislative Date

House Action

2/4

First Reading Ways and Means

2/16

Hearing 2/29 at 1:00 p.m.

3/9

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.

FEES -see also- DEVELOPMENT FEES AND TAXES

FUEL -see also- COAL

FUEL TAX

LEASES AND RENT

MOTOR VEHICLES -see also- ABANDONED; AMBULANCES; BUSES; etc.

MOTOR VEHICLE REGISTRATION

SALES AND USE TAX

TRANSPORTATION -see also- AIRCRAFT; AIRPORTS; BOATS; etc

VENDING MACHINES

Bill affects the following Statutes:

Tax - General

( 2-1302.2 , 2-1303 , 9-305 , 11-104 )

Transportation

( 3-215 , 8-402 , 13-912 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered