Today's Law As Amended

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AB-2127 Taxation: motor vehicle fuel: use fuel: alcohol fuels.(2015-2016)



SECTION 1.

 Section 7318 of the Revenue and Taxation Code is amended to read:

7318.
 (a)  “Gasohol” means all blends of gasoline, and alcohol containing more than 15 18  percent gasoline.
(b) This section shall become inoperative and shall be repealed on January 1, 2022.

SEC. 2.

 Section 7318 is added to the Revenue and Taxation Code, to read:

7318.
 (a) “Gasohol” means all blends of gasoline, and alcohol containing more than 15 percent gasoline.
(b) This section shall become operative on January 1, 2022.

SEC. 3.

 Section 8651.8 of the Revenue and Taxation Code is amended to read:

8651.8.
 (a) Notwithstanding Section 8651, the excise tax imposed upon ethanol or methanol containing not more than 15 18  percent gasoline or diesel fuels shall be one-half the rate prescribed by Section 8651 for each gallon of fuel used.
(b) All references in this code to Section 8651 shall be deemed, with respect to the rate imposed upon ethanol or methanol, to also refer to this section.
(c) This section shall become inoperative and shall be repealed on January 1, 2022.

SEC. 4.

 Section 8651.8 is added to the Revenue and Taxation Code, to read:

8651.8.
 (a) Notwithstanding Section 8651, the excise tax imposed upon ethanol or methanol containing not more than 15 percent gasoline or diesel fuels shall be one-half the rate prescribed by Section 8651 for each gallon of fuel used.
(b) All references in this code to Section 8651 shall be deemed, with respect to the rate imposed upon ethanol or methanol, to also refer to this section.
(c) This section shall become operative on January 1, 2022.
SEC. 5.
 This act provides for a tax levy within the meaning of Article IV of the Constitution and shall go into immediate effect.