Distribution of tax proceeds derived from motor fuel.
Revenues received or collected by the Department of Revenue upon the selling, use or consumption, distributing, storing, or withdrawing from storage in this state of motor fuel, remaining after the payment of the expense of administration and enforcement of this article shall be distributed as follows:
(1) 4.69 percent shall be distributed equally among each of the 67 counties of the state monthly. These funds shall be used by counties for the purposes specified in Section 8-17-91(a)(2)a.;
(2) .93 percent shall be allocated among the incorporated municipalities of the state and distributed and used as provided in Section 8-17-91(a)(2)c.; and
(3) The balance shall be paid to the State Treasury to be used for highway purposes by the State Department of Transportation.
Provided, however, for the first five full fiscal years following October 1, 2004, if distributions to the counties and municipalities provided for in subdivisions (1) and (2) above are insufficient to ensure, in combination with the distributions provided in Section 8-17-91, that the counties and municipalities receive no less than the distributions received for fiscal year 2003 under the previous provisions of Section 8-17-91, then the above percentages shall be adjusted accordingly. After the first five full fiscal years, the above percentages shall not be adjusted.
(Acts 1980, No. 80-427, p. 590, §3; Act 2004-546, §1.)
Distribution of tax proceeds derived from motor fuel.
Revenues received or collected by the Department of Revenue upon the selling, use or consumption, distributing, storing, or withdrawing from storage in this state of motor fuel, remaining after the payment of the expense of administration and enforcement of this article shall be distributed as follows:
(1) 4.69 percent shall be distributed equally among each of the 67 counties of the state monthly. These funds shall be used by counties for the purposes specified in Section 8-17-91(a)(2)a.;
(2) .93 percent shall be allocated among the incorporated municipalities of the state and distributed and used as provided in Section 8-17-91(a)(2)c.; and
(3) The balance shall be paid to the State Treasury to be used for highway purposes by the State Department of Transportation.
Provided, however, for the first five full fiscal years following October 1, 2004, if distributions to the counties and municipalities provided for in subdivisions (1) and (2) above are insufficient to ensure, in combination with the distributions provided in Section 8-17-91, that the counties and municipalities receive no less than the distributions received for fiscal year 2003 under the previous provisions of Section 8-17-91, then the above percentages shall be adjusted accordingly. After the first five full fiscal years, the above percentages shall not be adjusted.
(Acts 1980, No. 80-427, p. 590, §3; Act 2004-546, §1.)
Distribution of tax proceeds derived from motor fuel.
Revenues received or collected by the Department of Revenue upon the selling, use or consumption, distributing, storing, or withdrawing from storage in this state of motor fuel, remaining after the payment of the expense of administration and enforcement of this article shall be distributed as follows:
(1) 4.69 percent shall be distributed equally among each of the 67 counties of the state monthly. These funds shall be used by counties for the purposes specified in Section 8-17-91(a)(2)a.;
(2) .93 percent shall be allocated among the incorporated municipalities of the state and distributed and used as provided in Section 8-17-91(a)(2)c.; and
(3) The balance shall be paid to the State Treasury to be used for highway purposes by the State Department of Transportation.
Provided, however, for the first five full fiscal years following October 1, 2004, if distributions to the counties and municipalities provided for in subdivisions (1) and (2) above are insufficient to ensure, in combination with the distributions provided in Section 8-17-91, that the counties and municipalities receive no less than the distributions received for fiscal year 2003 under the previous provisions of Section 8-17-91, then the above percentages shall be adjusted accordingly. After the first five full fiscal years, the above percentages shall not be adjusted.
(Acts 1980, No. 80-427, p. 590, §3; Act 2004-546, §1.)
