The proposed bill, if enacted, would amend current statutes regarding county excise taxes, specifically targeting the distribution of net revenues collected from these taxes. Under the current law, revenues from counties with a population exceeding four hundred thousand are deposited into the regional transportation fund. The bill would modify this by changing the phrasing to "of more than four hundred thousand persons" and introduce a new section that outlines the distribution of net revenues collected under this section, including interest earned on those revenues.

The bill specifies that net revenues not distributed or refunded will be allocated to the Department of Transportation for transportation projects, with distinct provisions for counties based on their population size. For counties with a population of more than four hundred thousand, the revenues would go to the Department of Transportation for projects within that county, while counties with a population of four hundred thousand or fewer would receive similar allocations. Additionally, the act would take effect on April 9, 2026.

Statutes affected:
Introduced Version: 42-6106