ACA 5 (Frazier) Motor Vehicle Fees and Taxes: Expenditure Restriction
Adds an article to the state Constitution to require revenues derived from vehicle fees imposed under a specified chapter of the Vehicle License Fee Law to be used solely for transportation purposes. Prohibits these revenues from being used for the payment of principal and interest on state transportation general obligation bonds. Restricts portions of the sales and use tax on diesel fuel to expenditure on certain transportation planning or mass transportation purposes.
Adopted at the same time as SB 1
|More Info:||Legislative Website Info|
|Last Updated:||May 1, 2017|