2020 Federal Motor Fuel Excise Tax Rates
The federal Oil Spill Liability Tax (OSLT) that expired on December 31, 2018 has been reauthorized prospectively (not retroactively) beginning January 1, 2020. Refiners are the only parties in the petroleum distribution chain liable for the OSLT. The OSLT rate is...
New Laws Effective 1/1/2020
There’s no more sales tax exemption on safety equipment. We reported on this when it passed but there’s nothing marketers actually need to do since the tax will be applied automatically by suppliers on purchases of these products. Also gone is the $250...
New Law Changes That Affect CEMA Members
While the new $43 billion state budget that was adopted last month claimed to not increase the sales or income tax, a number of “changes” were made that will have an effect on CEMA members. Below is a summary of the new expanded application of the sales...
Natural Gas Leak Bill Approved By Environment Committee
The Connecticut General Assembly’s Environment Committee approved a bill that would prohibit natural gas utilities from charging their customers for leaked gas into the environment. CEMA would like to thank Steve Rosentel of Leahy’s Fuel (Danbury), John...