HB 513 Summary

• Establishes that the GARVEE Debt Service Fund shall include amounts distributed pursuant to section 63-2520(b)(5) and specifies these moneys shall be combined with state highway account transfers to pay principal, interest, and other amounts for transportation bonds or notes.

• Changes cigarette tax allocations effective July 1, 2014 from a per-package percentage basis to fixed annual amounts: $3,315,000 to the public school income fund for substance abuse programs and $3,315,000 to the department of juvenile corrections for county juvenile probation services.

• Revises cigarette tax revenue distribution by replacing the 17.3% percentage allocation to the permanent building fund with a fixed $5,000,000 amount and makes corresponding changes to allocations for the cancer registry fund ($120,000) and cancer control account fund ($300,000).

• Maintains the $4,700,000 annual allocation for GARVEE debt service state match and preserves allocations of $3,000,000 for secondary aquifer planning and $2,000,000 for aquifer planning and management.

• Changes terminology in section 57-1702 from "cancer control account" to "cancer control account fund" to clarify the fund designation.