Fuel Tax and Supply Amendments
What changed between versions
New section requires refineries to submit quarterly reports on crude oil refined and finished products produced, with strict confidentiality protections to prevent disclosure of proprietary business information.
New section establishes a permitting process for midstream facilities (e.g., pipelines, storage tanks) involving coordination between multiple state agencies and the Governor's Office of Economic Opportunity.
The temporary motor fuel tax rate of $0.319 per gallon is now set to apply specifically from July 1, 2026, through December 31, 2026, replacing previous ambiguous dates.
Repeal dates for various tax credits and committee provisions were updated, with some moving to December 31, 2026, and others to July 1, 2030.
New definitions were added for 'midstream facility' and 'finished product pipeline' to clarify which infrastructure falls under the new permitting rules.
The High Cost Infrastructure Development Tax Credit eligibility thresholds were lowered, reducing the minimum required investment from $50 million to $25 million for certain counties and municipalities.
Several text corrections were made, including fixing typos in tax rate calculations and clarifying the effective dates for new tax provisions on compressed natural gas, liquified natural gas, and hydrogen.
