LD 599
pg. 5
Page 4 of 5 An Act To Implement the Recommendations of the Task Force on Rail Transportatio... LD 599 Title Page
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LR 1087
Item 1

 
7. Provides for all revenue from the railroad excise tax to
be deposited in the Railroad Preservation and Assistance Fund;

 
8. Provides for use taxes paid on fuel consumed by vehicles
operating on rails and eligible for a refund from the gas tax
to be deposited in the Railroad Preservation and Assistance
Fund; and

 
9. Directs the Joint Standing Committee on Taxation to
review and make recommendations for statutory revisions to
Maine tax laws affecting railroads. The bill authorizes the
committee to report out legislation to implement
recommendations during the Second Regular Session of the 121st
Legislature.


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