(1) An agreement entered into under this part 3 may provide for: (a) Defining the classes of motor vehicles upon which taxes and fees are to be collected under the agreement; (b) Establishing methods for base jurisdiction fuel tax licensing, license revocation, and tax and fee collection from motor carriers on behalf of the jurisdictions that are parties to the agreement; (c) Establishing procedures for the granting of credits or refunds on the purchase of excess tax-paid and fee-paid fuel; (d) Defining conditions and criteria relative to bonding requirements, including criteria for exemption from bonding; (e) Establishing tax and fee reporting periods not to exceed one calendar quarter and tax and fee report due dates not to exceed one calendar month after the close of the reporting period; (f) Penalties and interest for filing of tax and fee reports after the due dates prescribed by the agreement; (g) Establishing procedures for the forwarding of fuel taxes, fees, penalties, and interest collected on behalf of another jurisdiction to such jurisdiction; (h) Record-keeping requirements for licensees; and (i) Any additional provisions which facilitate the administration of the agreement.
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