Bill > S1991

This bill provides temporary motor vehicle fuel tax relief in Massachusetts by suspending the collection of fuel taxes under specific price conditions. Specifically, the tax suspension would be triggered if the average price of unleaded gasoline exceeds $3.50 per gallon and increases by at least 10% within one month, or if diesel gasoline prices exceed $4 per gallon and increase by at least 10% within one month. The tax suspension would be in effect for three months. After the tax collection resumes, within 30 days, the Department of Revenue commissioner must certify to the state comptroller the total amount of uncollected taxes, which will then be transferred from the general fund to the state transportation fund. This approach aims to provide financial relief to consumers during periods of significant fuel price increases by temporarily reducing the tax burden on motor vehicle fuel purchases.