This bill amends section 57-40.3-10 of the North Dakota Century Code, which pertains to the allocation of motor vehicle excise tax revenues. The current law specifies that after certain deposits, the collected moneys must be allocated to the general fund and the flexible transportation fund. The proposed changes remove the specific allocation of fifty percent to the general fund and instead direct that all collected funds be allocated to the flexible transportation fund under section 24-02-37.3.

The effective date for this amendment is set for motor vehicle excise tax collections transmitted to the state treasurer after July 31, 2025. This change aims to streamline the allocation process and enhance funding for transportation initiatives in North Dakota.

Statutes affected:
INTRODUCED: 57-40.3-10
Prepared by the Legislative Council staff for Senator Rummel: 57-40.3-10
FIRST ENGROSSMENT: 57-40.3-10