S.B. 60

Senate Floor Amendments

Amendment 1 February 20, 2014 12:40 PM

Senator John L. Valentine proposes the following amendments:

1.    Page 6, Lines 175 through 179 :    

             175          (iv) The commission shall annually:
             176          (A) determine the statewide average rack price of a gallon of motor fuel in accordance
             177      with Subsection (1)(b)(ii);
{   and   }

             178          (B) adjust the fuel tax imposed under Subsection (1)(b)(i), rounded to the nearest
             179      one-tenth of a cent, based on the determination under Subsection (1)(b)(ii)
  ; and

    (C) post or otherwise make public the adjusted fuel tax rate as determined in Subsection (1)(b)(iv)(B) no later than 60 days prior to the annual effective date under Subsection (1)(b)(v)  

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