ID H0343

Amends Section 63-2412 to clarify how gasoline and aircraft engine fuel tax revenues are distributed among various accounts including refund accounts, highway accounts, and recreation/waterways improvement accounts.

Adds new subsection (5) to Section 63-2418 establishing separate distribution rules for special fuels subject to taxes under sections 63-2402 or 63-2424, allocating 25 cents of every 32 cents received through the standard distribution formula and the remaining 7 cents split 60% to state highway account and 40% to local units of government.

Specifies that unencumbered balances from administrative costs retained by the commission for collecting and enforcing special fuels tax requirements shall be distributed to the highway distribution account.

Declares an emergency and makes the act retroactively effective to July 1, 2015.