3.202 -Exemption for Motor Fuels

Item	Description	FY2013	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.