West Virginia HB4488 eliminates the state's motor fuel excise tax and replaces it with an equivalent increase in the state sales tax.
West Virginia HB4488 proposes to eliminate the state's motor fuel excise tax, which currently stands at 20.50 cents per gallon of regular gasoline and diesel fuel, and replace it with an equivalent increase in the state sales tax. This change aims to make fuel more affordable for consumers, particularly benefiting working-class families, and to attract more visitors to the state by reducing fuel prices. The bill also ensures that the tax on alternative fuel and airline fuel remains unaffected.
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