Exempts diesel motor fuel used in vessels providing sport fishing opportunities for hire from petroleum business and sales taxes.

This bill amends the tax law to exempt diesel motor fuel used in vessels providing sport fishing opportunities for hire to the general public from the tax on petroleum businesses and from sales and compensating use taxes. The exemption applies to vessels that provide at least fifty percent of the owner's total annual income. The bill also provides for reimbursement of taxes paid on fuel consumed outside the state.

Exempts diesel motor fuel used in vessels providing sport fishing opportunities for hire from petroleum business and sales taxes.

This bill amends the tax law to exempt diesel motor fuel used in vessels providing sport fishing opportunities for hire to the general public from the tax on petroleum businesses and from sales and compensating use taxes. The exemption applies to vessels that provide at least fifty percent of the owner's total annual income. The bill also provides for reimbursement of taxes paid on fuel consumed outside the state.