Provisions of agreements.

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(1) An agreement entered into under this part 3 may provide for:

  1. Defining the classes of motor vehicles upon which taxes are to be collected under theagreement;

  2. Establishing methods for base jurisdiction fuel tax licensing, license revocation, andtax collection from motor carriers on behalf of the jurisdictions that are parties to the agreement;

  3. Establishing procedures for the granting of credits or refunds on the purchase ofexcess tax-paid fuel;

  4. Defining conditions and criteria relative to bonding requirements, including criteriafor exemption from bonding;

  5. Establishing tax reporting periods not to exceed one calendar quarter and tax reportdue dates not to exceed one calendar month after the close of the reporting period;

  6. Penalties and interest for filing of tax reports after the due dates prescribed by theagreement;

  7. Establishing procedures for the forwarding of fuel taxes, penalties, and interest collected on behalf of another jurisdiction to such jurisdiction;

  8. Record-keeping requirements for licensees; and

  9. Any additional provisions which facilitate the administration of the agreement.

Source: L. 88: Entire part added, p. 1335, § 1, effective April 14. L. 98: (1)(b) and (1)(g) amended, p. 1094, § 3, effective June 1.


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