Introduced
by
To replace the revenue forgone by providing sales and use tax exemptions on retail purchases of natural gas used for heating, with a new replacement energy tax that applies to a portion of the price of natural gas that exceeds $3.00 per thousand cubic feet. Retail purchases of natural gas by households or businesses for heating would be exempt from the new tax. Essentially, it would transfer the tax burden from these users to industrial and utility users who do not currently pay sales or use tax on the fuel. The bill is part of a package comprised of House Bills 4476 to 4483, and 4411.
Referred to the Committee on Tax Policy
Substitute offered
To adopt a version of the bill recommended by the committee which reported it to the full House.
The substitute passed by voice vote
Passed in the House 95 to 8 (details)
To replace the revenue forgone by providing sales and use tax exemptions on retail purchases of natural gas used for heating with a new replacement energy tax that applies to a portion of the price of natural gas that exceeds $3.00 per thousand cubic feet. Retail purchases of natural gas by households or businesses for heating would be exempt from the new tax. Essentially, it would transfer the tax burden from these users to industrial and utility users who do not currently pay sales or use tax on the fuel. The bill is part of a package comprised of House Bills 4476 to 4483, and 4411.
