SPONSOR: Hurlbert
Currently, the Department of Transportation must provide a report each year to the Governor and Lieutenant Governor.
This bill requires the Department to include a summary of it's internal and external expenditures in the report. For each fiscal year that the Department's internal expenditures, as defined in the bill, exceed 20% of its total expenditures, the bill requires that the Motor Fuel Tax be reduced by one-half cent per gallon the following fiscal year, but the tax may not be reduced more than $.03 per gallon below the rate as of August 28, 2026.
In any fiscal year following a rate reduction, if the Department's internal expenditures are less than 20% of its total expenditures, the Motor Fuel Tax will be increased by one-half cent per gallon or up to the total rate as of August 28, 2026, whichever is less, in the following fiscal year.
This bill is similar to HCS HB 572 (2025).
Statutes affected: