The bill amends Section 31-36-20 of the General Laws regarding the allocation of motor fuel tax proceeds. It establishes that for fiscal years 2010 through 2025, the allocation shall be nine and seventy-five hundredth cents ($0.0975) per gallon, with one-half cent ($0.005) of this amount derived from the environmental protection fee. Starting in fiscal year 2026, the allocation will change to thirty percent (30%) of the total proceeds, which will include thirty percent (30%) derived from the one cent ($0.01) per gallon environmental protection fee pursuant to 46-12.9-11.
The bill specifies that one cent ($0.01) per gallon will be allocated to the Elderly/Disabled Transportation Program, while the remaining funds will be available for general revenue as determined by a specified schedule. The act will take effect upon passage.
Statutes affected: 5467: 31-36-20