New York A06431 requires the deposit of a portion of the sales tax on motor fuel into the dedicated highway and bridge trust fund, increasing the.

New York A06431 amends the tax law to require the deposit of a portion of the sales tax collected on each gallon of motor fuel sold at retail into the dedicated highway and bridge trust fund. The amount deposited increases over time, starting with one cent per gallon and increasing to four cents per gallon by 2028. The bill also repeals certain provisions of the state finance law related to the deposit of sales tax revenue.

New York A06431 requires the deposit of a portion of the sales tax on motor fuel into the dedicated highway and bridge trust fund, increasing the.

New York A06431 amends the tax law to require the deposit of a portion of the sales tax collected on each gallon of motor fuel sold at retail into the dedicated highway and bridge trust fund. The amount deposited increases over time, starting with one cent per gallon and increasing to four cents per gallon by 2028. The bill also repeals certain provisions of the state finance law related to the deposit of sales tax revenue.