HB 6502 Summary

• Amends the Streamlined Sales and Use Tax Revenue Equalization Act to add an exemption for interstate motor carriers operating under fuel tax reciprocity agreements.

• Exempts interstate motor carriers from motor fuel and alternative fuel tax requirements to the extent they are exempt under a fuel tax reciprocity agreement as defined in 1960 PA 124.

• Applies to both motor fuel taxed at 6% of statewide average retail price and alternative fuel taxed at 6% of average retail price for the applicable fuel type.

• Exemption covers fuel used in qualified commercial motor vehicles and claimed under the International Fuel Tax Agreement.

• Effective only if Senate Bill No. (number not specified) or House Bill 6500 of the 100th Legislature is enacted into law.