ENGROSSED
Senate Bill No. 129

(By Senators Tomblin, Mr. President, and Sprouse,

By Request of the Executive)
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[Introduced February 15, 2001; referred to the Committee on Finance.]
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A Bill to repeal section sixteen, article fourteen, chapter eleven of the code of West Virginia, one thousand nine hundred thirty-one, as amended; and to amend and reenact section three of said article, relating to extending the termination date of the extra five cents a gallon gas tax.

Be it enacted by the Legislature of West Virginia:

That section sixteen, article fourteen, chapter eleven of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be repealed; and that section three of said article be amended and reenacted to read as follows:

ARTICLE 14. GASOLINE AND SPECIAL FUEL EXCISE TAX.
§11-14-3. Imposition of tax.
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. Provided, however, That on and after the first day of August, two thousand ~~one~~ seven, the tax levied by this article shall be fifteen and one-half cents per gallon.