Budget Amendment ID: FY2015-S4-24.1

Further OTH 24.1

Repeal of Infinite Gas Tax

Mr. Hedlund moved that the amendment be amended moved that the amendment be amended “SECTION ___. Section 1 of chapter 64A of the General Laws, as amended by Chapter 46 of the Acts of 2013, is hereby amended by striking out, in the definition of “tax per gallon” the following words:- adjusted at the beginning of each calendar year, by the percentage, if any, by which the Consumer Price Index for the preceding year exceeds the Consumer Price Index for the calendar year that ends before such preceding year; provided, that the Consumer Price Index for any calendar year shall be as defined in section 1 of the Internal Revenue Code pursuant to 26 U.S.C. section 1.”