RELATING TO TAXATION.

HB 260 eliminates state taxes on gasoline and diesel fuel for motor vehicles, directly affecting drivers and fuel consumers by removing these costs from their purchases. The bill requires fuel distributors to pass the full tax savings directly to consumers, ensuring any reduction in state taxes translates to lower prices at the pump. Currently pending introduction (as of January 16, 2025), the legislation focuses on concrete tax removal and consumer savings without additional provisions or exemptions.