| Relates to the state sales and compensating use tax on the retail sales of motor fuel and diesel motor fuel; establishes that the sales tax and compensating use tax on the retail sale of motor fuel shall be eight cents or four percent, whichever is less; requires the commissioner of taxation and finance to quarterly establish the lowest price for motor fuel and diesel motor fuel based on the lowest price being charged on any given day during the three consecutive months beginning four months prior to the start of any sales tax quarter by surveying a minimum of ten selected truck stops widely scattered throughout the state. |
