H. B. 4719


(By Delegates Armstead, Harrison, Calvert and Webb)

[Introduced February 25, 2000; referred to the

Committee on Finance.]





A BILL to amend and reenact section three, article fourteen, chapter eleven of the code of West Virginia, one thousand nine hundred thirty-one, as amended, relating to reducing the tax on gasoline and special fuels.

Be it enacted by the Legislature of West Virginia:
That section three, article fourteen, chapter eleven of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended and reenacted to read as follows:
ARTICLE 14. GASOLINE AND SPECIAL FUEL EXCISE TAX.

§11-14-3. Imposition of tax.

(a) There is hereby levied an excise tax of fifteen and one- half cents per gallon on all gasoline or special fuel, which tax shall be computed in accordance with the appropriate measure of tax as hereinafter prescribed in this article: Provided, That beginning the first day of May, one thousand nine hundred ninety-three, the tax levied by this article shall be twenty and one-half cents per gallon on all gasoline or special fuel. The tax shall be computed as prescribed in this article. Provided, however, That on and after the first day of August, two thousand one, the tax levied by this article shall be fifteen and one-half cents per gallon.
(b) On and after the first day of July, two thousand, the tax levied by this article is ten cents per gallon.




NOTE: The purpose of this bill is to reduce the tax on gasoline by approximately 50%.

Strike-throughs indicate language that would be stricken from the present law, and underscoring indicates new language that would be added.