SB237 Summary

• Removes the requirement for vehicle owners to obtain annual decals from the Liquefied Petroleum Gas Board as proof of flat fee payment for liquefied petroleum gas and natural gas vehicles.

• Eliminates the $5 maximum cost associated with decal issuance and the application process previously required within 10 days of vehicle conversion.

• Amends taxation by setting the excise tax rate on liquefied natural gas to match the diesel fuel excise tax rate under Code of Alabama Section 40-17-325, applied based on energy equivalency.

• Establishes that 6.06 pounds of liquefied natural gas equals one diesel gallon equivalent for tax calculation purposes, pending adoption of a standard by the National Conference of Weights and Measures.

• Becomes effective on the first day of the third month following passage and gubernatorial approval.