Text: HF00196 Text: HF00198 Text: HF00100 - HF00199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. NEW SECTION. 452A.83 TRANSFER TO SPECIAL 1 2 CONSERVATION FUND. 1 3 Notwithstanding section 452A.79, unnumbered paragraph 1, 1 4 and prior to the crediting of the revenue to the road use tax 1 5 fund under section 452A.79, unnumbered paragraph 1, the 1 6 treasurer of state shall credit to the special conservation 1 7 fund created under section 321G.7, that portion of the moneys 1 8 collected under this chapter which is attributable to motor 1 9 fuel used in snowmobiles, which the treasurer shall compute as 1 10 follows: 1 11 1. Determine annually, during the first full business week 1 12 in April, the total number of snowmobiles which are registered 1 13 in the state. 1 14 2. Multiply the product of the total number of registered 1 15 snowmobiles and eighty-eight and seven-tenths gallons times 1 16 the amount of the excise tax charged per gallon of motor fuel 1 17 to obtain the total amount of excise tax paid on snowmobile 1 18 fuel. 1 19 3. Subtract from the total amount of excise tax paid on 1 20 snowmobile fuel an amount which represents three percent of 1 21 the total tax paid on snowmobile fuel, for payment of 1 22 administrative costs, which shall be allocated to the 1 23 department of natural resources for administration of 1 24 snowmobile programs. All remaining moneys shall be 1 25 transferred to the special conservation fund for use in 1 26 snowmobile programs in the manner provided under section 1 27 321G.7. 1 28 EXPLANATION 1 29 This bill causes the revenue generated from the imposition 1 30 of the excise tax on the motor fuel used by snowmobiles to be 1 31 deposited in the special conservation fund for use by the 1 32 department of natural resources for snowmobile programs. 1 33 Snowmobile programs are currently funded through snowmobile 1 34 registration fees. The funds that are generated by the excise 1 35 tax on snowmobile motor fuel are currently being deposited in 2 1 the motor fuel tax fund. A formula for calculation of the 2 2 amount of revenue attributable to motor fuel consumption by 2 3 snowmobiles is also contained in the bill. 2 4 LSB 2062YH 77 2 5 mk/sc/14.1
Text: HF00196 Text: HF00198 Text: HF00100 - HF00199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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