gallon

84,500 73% x 22¢ 25.2¢ 16¢ 18.3¢ per

gallon

100,000 87% x 22¢ 25.2¢ 19.1¢ 21.8¢ per

Natural Gas (BTU per 100 100

standard cubic standard

feet) cubic

feet

Sec. 3. 36 MRSA §3321, as enacted by PL 2001, c. 688, §8, is repealed.

SUMMARY

This bill repeals the annual inflation indexing of the excise tax on motor fuel. The bill also amends the relevant statutes to reflect the current rate of tax as changed by inflation indexing.