3.202 -Exemption for Motor Fuels

Item DescriptionFY2013 FY2014 FY2015 FY2016 FY2017
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
$732.5 million in Fiscal Year 2014 and $756.2 million in Fiscal Year 2015.

Origin:  M.G.L. c. 64H, S. 6(g)
Estimate:  $647.2
724.8 716.1 647.2 730.9 647.2

Key:

ORIGIN  
M.G.L. Massachusetts General Laws
ESTIMATES All estimates are in $ millions.