A168 — Exempts fuel used for operation of certain school buses from petroleum products gross receipts tax and motor fuel tax; clarifies tax treatment of certain dyed fuel thereunder; clarifies determination of taxable estates of certain decedents.

A168 — Exempts fuel used for operation of certain school buses from petroleum products gross receipts tax and motor fuel tax; clarifies tax treatment of certain dyed fuel thereunder; clarifies determination of taxable estates of certain decedents. · Informed CitizenryAssembly Bill A168 makes several changes to state taxes affecting transportation and estate planning. Primarily, it exempts the gasoline and diesel fuel used by certain school buses from two types…Open in Informed Citizenry