Pennsylvania SB1264 provides for a 100% reduction in the gas tax for 60 days and authorizes debt for Commonwealth infrastructure projects.

Pennsylvania SB1264 amends Title 75 of the Pennsylvania Consolidated Statutes to introduce a chapter on consumer gas tax relief. It reduces the tax on gas by 100% for a period of 60 days. The bill also authorizes the Commonwealth to incur debt for infrastructure projects, with repayment charged to the Motor License Fund. The debt is subject to the Capital Facilities Debt Enabling Act, with a maximum principal amount of $435,000,000. The act takes effect immediately upon enactment.

Pennsylvania SB1264 provides for a 100% reduction in the gas tax for 60 days and authorizes debt for Commonwealth infrastructure projects.

Pennsylvania SB1264 amends Title 75 of the Pennsylvania Consolidated Statutes to introduce a chapter on consumer gas tax relief. It reduces the tax on gas by 100% for a period of 60 days. The bill also authorizes the Commonwealth to incur debt for infrastructure projects, with repayment charged to the Motor License Fund. The debt is subject to the Capital Facilities Debt Enabling Act, with a maximum principal amount of $435,000,000. The act takes effect immediately upon enactment.