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House Journal: Page 1741: Friday, April 17, 1998

29     "Sec. ___.  Section 423.24, Code Supplement 1997,
30   is amended by inserting the following new unnumbered
31   paragraph before subsection 1:
32     NEW UNNUMBERED PARAGRAPH.  Except as otherwise
33   provided in section 312.2, subsection 15, all revenues
34   derived from the use tax on motor vehicles, trailers,
35   and motor vehicle accessories and equipment as
36   collected pursuant to sections 423.7 and 423.7A shall
37   be deposited and credited to the road use tax fund and
38   shall be used exclusively for the construction
39   maintenance, and supervision of public highways.
40     Sec. ___.  Section 423.24, subsection 1, unnumbered
41   paragraph 1, Code Supplement 1997, is amended to read
42   as follows:
43     Eighty percent of Notwithstanding any provision of
44   this section which provides that all revenues derived
45   from the use tax on motor vehicles, trailers, and
46   motor vehicle accessories and equipment as collected
47   pursuant to section 423.7 and section 423.7A shall be
48   deposited and credited to the road use tax fund,
49   eighty percent of the revenues shall be deposited and
50   credited as follows:"

Page 5

 1     30.  Page 17, by inserting after line 4 the
 2   following:
 3     "Sec. ___.  Section 423.24, subsection 1, paragraph
 4   c, Code Supplement 1997, is amended by striking the
 5   paragraph.
 6     Sec. ___.  Section 423.24, subsection 2, Code
 7   Supplement 1997, is amended to read as follows:
 8     2.  Twenty percent of Notwithstanding any other
 9   provision of this section that provides that all
10   revenue derived from the use tax on motor vehicles,
11   trailers, and motor vehicle accessories and equipment
12   as collected pursuant to section 423.7 shall be
13   deposited and credited to the road use tax fund,
14   twenty percent of the revenues shall be credited and
15   deposited as follows:  one-half to the road use tax
16   fund and one-half to the primary road fund to be used
17   for the commercial and industrial highway network,
18   except to the extent that the department directs that
19   moneys are deposited in the highway safety patrol fund
20   created in section 80.41 to fund the appropriations
21   made from the highway safety patrol fund in accordance
22   with the provisions of section 80.41.  The department
23   shall determine the amount of moneys to be credited
24   under this subsection to the highway safety patrol
25   fund and shall deposit that amount into the highway
26   safety patrol fund.
27     Sec. ___.  NEW SECTION.  423.24A  REIMBURSEMENT FOR
28   THE PRIMARY ROAD FUND.

© 1998 Cornell College and League of Women Voters of Iowa

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