Ohio fuel dealers would pass a temporary tax cut to buyers

Fuel tax notices would show federal and state tax rates, and station owners could use certain alternatives instead of pump notices. County auditors, municipal sealers, and their employees would place notices on inspected retail pumps; station owners and operators may use the listed alternatives. Station owners may use video messages, customer receipts, or a notice at the public entrance instead of pump notices. Auditors or sealers must affix notices by the earlier of 14 months after the latest rate adjustment or their next visit for an inspection or other official business. They must replace notices that are unreadable, loose, or over three years old.

Stations would provide an itemized fuel receipt upon request, and dealers would have to pass the full temporary tax reduction to buyers. The receipt rule covers retail service station owners and operators when a consumer asks for one. The pass-through rule applies to licensed retail and motor fuel dealers selling fuel during the temporary reduction period. Receipts must round monetary amounts to the nearest cent and separately list gallons, the before-tax price per gallon, each tax amount, and the total charge including taxes. A violation of the pass-through requirement may affect a dealer's license and may be referred to the Attorney General. The temporary reduction period begins on the act's effective date and ends 93 days later. The text says the act would take effect immediately, but the effective date is not shown here.

Licensed retail dealers could seek payments for fuel they sell during the reduced-tax period and would owe a temporary excise tax on certain later sales. These provisions apply to licensed retail dealers and gasoline or diesel fuel they hold, receive, or sell. A dealer's payment would cover eligible gallons it held at the start of the period or received during it, if sold at retail during the period; the amount is the difference between the tax already paid or due and the reduced rate. After the period, the temporary tax applies to fuel sold at retail that was taxed at the reduced rate. The excerpt does not show the application and remittance dates. Retailers may submit more than one reimbursement application, but cannot claim the same gallons twice. The application and tax remittance deadlines are obscured in the text.

The text sets aside money to replace reduced fuel-tax revenue and allows $125 payments for eligible service stations. The payments would go to retail service stations belonging to licensed retail dealers in Ohio. The $125 payment is for each retail service station of a licensed retail dealer, and the station must request payment from the Department of Taxation. The appropriation amounts and request deadline are not visible in the excerpt. The station payment request deadline is partly obscured, and the excerpt does not show when payments would be made.