Bill > S05166

This bill provides a motor fuel tax exemption for sales of diesel motor fuel used in vessels used directly in a business providing sport fishing opportunities for hire to the general public. The bill defines a "commercial sport fishing vessel" as a vessel owned by a person who has been issued and holds a marine and coastal district party and charter boat license. The bill also amends the tax law to exempt fuel used in commercial sport fishing vessels from the state's petroleum business tax and sales and compensating use taxes, if the vessel provides its owner with at least 50% of their total annual income.