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IN HB1106
Bill
Status
1/7/2019
Primary Sponsor
Randall Frye
Click for details
AI Summary
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Compressed natural gas (CNG) fuel stations may claim quarterly refunds for special fuel tax paid on the difference between natural gas purchased and CNG product actually produced and sold from metered pumps
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Retroactive refund claims are permitted for special fuel taxes paid between July 1, 2018, and June 30, 2019, with a filing deadline of September 30, 2019
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CNG refunds are in addition to the existing 1.6% collection allowance that suppliers may retain for tax collection and reporting costs
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Quarterly refund claims must be filed by the end of the third month following each calendar quarter, with no interest paid on refunds
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Effective date: July 1, 2019; amends IC 6-6-2.5 (Indiana special fuel tax code)
Legislative Description
Fuel taxes on compressed natural gas. Provides a quarterly refund of the special fuel tax paid on the difference between the amount of special fuel purchased by a compressed natural gas product fuel station and the amount of compressed natural gas product produced and sold by the compressed natural gas product fuel station. Permits a retroactive refund claim to be made for special fuel taxes paid from July 1, 2018, through June 30, 2019. Makes corresponding changes to other refund provisions and the special fuel tax collection allowance.
Last Action
First reading: referred to Committee on Ways and Means
1/7/2019