The proposed bill, if enacted, would amend current statutes related to revenue by updating the assessment of fees for counties, cities, towns, councils of governments, and regional transportation authorities that receive state shared revenues. Specifically, it would modify the existing language in section 42-5041 to include additional sections (42-6105 and 42-6105.01) for the assessment of fees and clarify the process for fee collection. The bill also establishes a cap on the total fees assessed for fiscal year 2025-2026, not to exceed $6,558,800, and outlines the proportional distribution of these fees based on prior fiscal year revenue distributions.

Furthermore, the bill introduces specific legislative intents regarding the maximum amounts for transfers related to the Integrated Tax System Modernization Project, including limits of $795,300 for education transaction privilege tax revenues and $177,200 for marijuana excise tax revenues in fiscal year 2025-2026. It also specifies that population data from the most recent census will be used for apportioning fees and distributions, ensuring that the updated provisions align with the fiscal planning for the upcoming years.

Statutes affected:
Introduced Version: 42-5041
House Engrossed Version: 42-5041