| Item | Description | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 |
|---|---|---|---|---|---|---|
| 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 $756.2 million in Fiscal Year 2015 and $766.6 million in Fiscal Year 2016. Origin: M.G.L. c. 64H, § 6(g) Estimate: $466.5 |
716.1 | 589.8 | 461.5 | 446.1 | 466.5 |
| ORIGIN | |
| M.G.L. | Massachusetts General Laws |
|---|---|
| ESTIMATES | All estimates are in $ millions. |