SB290 Summary

• Transfers responsibility for distributing motor fuel excise taxes, lubricating oil taxes, and related fuel taxes from the State Treasurer to the Department of Revenue effective October 1, 2021.

• Applies to allocations and distributions under Section 8-17-91 (motor fuel excise tax), Sections 40-17-223 and 40-17-225 (lubricating oil tax), Section 40-17-274 (International Fuel Tax Agreement distributions), Section 40-17-359 (highway gas tax and supplemental excise taxes), and Section 40-17-361 (diesel excise tax).

• Department of Revenue assumes all responsibility for disbursing inspection fees, penalties, and one-third of motor fuel excise tax proceeds currently handled by the State Treasurer.

• Act becomes effective immediately upon passage and Governor approval.