View Daily Data Tracking History
View Bill Text
View Statement of Purpose / Fiscal Impact
H0760...............................................by REVENUE AND TAXATION
MOTOR FUELS TAX - Amends existing law to provide that an amount equivalent
to the net increase in the motor fuels tax exceeding twenty-one cents per
gallon shall be deposited in the Restricted Highway Fund.
02/23 House intro - 1st rdg - to printing
02/24 Rpt prt - to Transp
03/05 Rpt out - rec d/p - to 2nd rdg
03/06 2nd rdg - to 3rd rdg
03/09 3rd rdg - PASSED - 67-0-3
AYES -- Alltus, Barraclough, Barrett, Bell, Bieter, Bivens,
Black(15), Black(23), Bruneel, Callister, Campbell, Chase, Clark,
Crane, Crow, Cuddy, Deal, Denney, Ellsworth, Field(20), Gagner,
Geddes, Gould, Hadley, Hansen, Henbest, Hornbeck, Jaquet, Jones(9),
Jones(22), Jones(20), Judd, Kellogg, Kempton, Kendell, Kjellander,
Kunz, Lake, Linford, Loertscher, Mader, Marley, McKague, Meyer,
Miller, Mortensen, Newcomb, Pischner, Pomeroy, Reynolds, Richman,
Ridinger, Robison, Sali, Schaefer, Stevenson, Stoicheff, Stone,
Stubbs, Taylor, Tilman, Tippets, Trail, Watson, Wheeler, Wood,
Mr Speaker
NAYS -- None
Absent and excused -- Boe, Field(13), Zimmermann
Floor Sponsor - Wood
Title apvd - to Senate
03/10 Senate intro - 1st rdg - to Transp
03/13 Rpt out - rec d/p - to 2nd rdg
03/16 2nd rdg - to 3rd rdg
03/18 3rd rdg - PASSED - 34-0-1
AYES--Andreason, Boatright, Branch, Bunderson, Burtenshaw, Cameron,
Crow, Danielson, Darrington, Deide, Dunklin, Frasure, Geddes,
Hawkins, Ingram, Ipsen, Keough, King, Lee, McLaughlin, Noh, Parry,
Richardson, Riggs, Risch, Sandy, Schroeder, Sorensen, Stennett,
Sweeney, Thorne, Twiggs, Wheeler, Whitworth
NAYS--None
Absent and excused--Hansen
Floor Sponsor - Whitworth
Title apvd - to House
03/19 To enrol - rpt enrol - Sp signed
Pres signed - to Governor
03/20 Governor signed
Session Law Chapter 199
Effective: 04/01/96
H0760|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-fourth Legislature Second Regular Session - 1998IN THE HOUSE OF REPRESENTATIVES HOUSE BILL NO. 760 BY REVENUE AND TAXATION COMMITTEE 1 AN ACT 2 RELATING TO THE HIGHWAY DISTRIBUTION ACCOUNT; AMENDING SECTION 40-701, IDAHO 3 CODE, TO PROVIDE THAT AN AMOUNT EQUIVALENT TO THE NET INCREASE IN THE 4 MOTOR FUELS TAX EXCEEDING TWENTY-ONE CENTS PER GALLON SHALL BE DEPOSITED 5 IN THE RESTRICTED HIGHWAY FUND AND TO MAKE TECHNICAL CORRECTIONS; DECLAR- 6 ING AN EMERGENCY AND PROVIDING RETROACTIVE APPLICATION. 7 Be It Enacted by the Legislature of the State of Idaho: 8 SECTION 1. That Section 40-701, Idaho Code, be, and the same is hereby 9 amended to read as follows: 10 40-701. HIGHWAY DISTRIBUTION ACCOUNT -- APPORTIONMENT. (1) There is 11 established in the state treasury an account known as the "Highway Distribu- 12 tion Account," to which shall be credited: 13 (a) Moneys as provided by sections 63-2412(1)(e)4 and 63-2418(3), Idaho 14 Code; 15 (b) All moneys collected by the department, their agents and vendors, and 16 county assessors and sheriffs, under the provisions of title 49, Idaho 17 Code, except as otherwise specifically provided for; and 18 (c) All other moneys as may be provided by law. 19 (2) The highway distribution account shall be apportioned as follows: 20 (a) An amount equivalent to the net increase ingasoline fuel21the motor fuels tax exceeding twenty-one cents (21[) 22 per gallon shall be deposited to the restricted highway fund, and the 23 remainder shall be distributed: 24 (b) Thirty-five and seventy-seven hundredthsper cent25 percent (35.77%) to local units of government as provided in sec- 26 tion 40-709, Idaho Code; 27 (c) Fifty-eight and eighty-three hundredthsper cent28 percent (58.83%) to the state highway account established in sec- 29 tion 40-702, Idaho Code; and 30 (d) Five and forty hundredthsper centpercent 31 (5.40%) to the law enforcement account, established in section 67-2914, 32 Idaho Code. The state controller shall cause the remittance of the moneys 33 apportioned to local units of government not later than January 25, April 34 25, July 25 and October 25 of each year, and to the state highway account 35 and the law enforcement account as the moneys become available to the 36 highway distribution account. 37 (3) Interest earned on the investment of idle moneys in the highway dis- 38 tribution account shall be paid to the highway distribution account. 39 (4) All idle moneys in the dedicated highway trust or asset accounts or 40 subaccounts established from highway user revenues, reimbursements, fees or 41 permits shall be invested by the state treasurer in the same manner as pro- 42 vided under section 67-1210, Idaho Code, with respect to other surplus or idle 43 moneys in the state treasury. Interest earned on the investments shall be 2 1 returned to the various highway trust or asset accounts and subaccounts. 2 SECTION 2. An emergency existing therefor, which emergency is hereby 3 declared to exist, this act shall be in full force and effect on and after its 4 passage and approval, and retroactively to April 1, 1996.
STATEMENT OF PURPOSE
RS08097C1
This bill corrects the distribution of funds from the highway
distribution account to the restricted highway fund to conform with
the original legislative intent of the amendment to the distribution
in 1996 and with the actual distribution.
FISCAL NOTE
No fiscal effect
Contact
Name: Dan John
Agency: State Tax Commission
Phone: 334-7530
STATEMENT OF PURPOSE/FISCAL NOTE
H 760