Natural Gas Fuel Taxes (Watch)

Natural Gas Fuel Taxes (Watch)

SB 926 (Broxson) and HB 647 (Raburn) delay the effective date of the natural gas fuel tax until January 1, 2024. In 2013, the Florida Legislature passed legislation to exempt these fuels from taxation beginning January 1, 2014, and ending January 1, 2019, to encourage the use of alternative fuel. The statewide receipts from the fees on alternative fuels historically amounts to less than $1 million annually. (Branch)