| Item | Description | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|---|---|---|---|---|---|
| 3.202 | Exemption for Motor Fuels
Motor fuels are exempt from sales tax. They are subject to an excise at a rate higher than 6.25% of the retail price. The estimate represents revenues that would be collected under the sales tax if motor fuels were taxed at 6.25% of the retail price. Effective July 31, 2013, the excise on gasoline and special fuels was increased from 21 cents per gallon to 24 cents per gallon. Comment: Revenues collected under the motor fuels excise were $662.0 million in Fiscal Year 2012 and $651.6 million in Fiscal Year 2013. Origin: M.G.L. c. 64H, S. 6(g) Estimate: $723.7 |
638.2 | 729.2 | 724.8 | 703.9 | 723.7 |
| ORIGIN | |
| M.G.L. | Massachusetts General Laws |
|---|---|
| ESTIMATES | All estimates are in $ millions. |