New Bill Could Ease the Pain at the Pump for Boaters

Many  U.S. citizens are complaining about the higher prices for fuel at the pumps. Many are also criticizing our goverment for not doing anything to reverse the apparent trend of raising prices almost daily. Fortunately, at least one State is stepping up to the plate to try and do something to at least assist boaters.  A new bill in the NC House could make it easier for boaters to get a gas tax refund.

House Bill 421, sponsored by Brunswick County Rep Frank Iler, would allow marinas to choose to get a quarterly tax refund from the state.  Boaters would benefit immediately with lower gas prices at marinas.

[Read House Bill 421 (PDF)]

North Carolina charges a road tax on all gasoline sales, but boaters are eligible for an annual refund on that tax since they aren’t using the roads.  Right now, boaters have to save receipts when they purchase gasoline for their boats and file a form when they do their taxes each year.

Ocean Isle Fishing Center owner Rube McMullen thinks the new bill will be a great way to encourage more people to get out on the water fishing and boating.  He says that not many people know about the boat tax refund under the current system, and those who are aware of the process don’t take the time to save receipts and fill out the form.

If the bill is approved, McMullen thinks boaters could save up to 30 cents a gallon on gas at the pump and not have to wait to get the refund once a year.  In this down economy with high gas taxes, every cent can make a difference for residents.

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Filed under Boat Operation, Boating News, Boating Safety, Fishing News, Lake Boating, Sailing News

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