California Revenue and Taxation Code

§ 7361.1

RTC § 7361.1 Effective Mar 24, 2011Div. 2 · Part 2 · Ch. 2

Statute text

(a)For the privilege of storing, for the purpose of sale, each supplier, wholesaler, and retailer owning 1,000 or more gallons of tax-paid motor vehicle fuel, other than aviation gasoline, on July 1, 2010, shall pay a storage tax of seventeen and three-tenths cents ($0.173) per gallon of tax-paid motor vehicle fuel, other than aviation gasoline, in storage according to the volumetric measure thereof.

(b)For purposes of this section:

(1)“Owning” means having title to the motor vehicle fuel, other than aviation gasoline.

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Legislative history

Repealed and added by Stats. 2011, Ch. 6, Sec. 26. (AB 105) Effective March 24, 2011.