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ID H0624
Bill
Status
3/24/2016
Primary Sponsor
Revenue and Taxation Committee
Click for details
AI Summary
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Revises Highway Distribution Account apportionment percentages with a phased increase to local units of government from 38% in fiscal year 2017 to 40.5% by fiscal year 2021 and thereafter, with corresponding decreases to the state highway account from 57% to 59.5%
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Eliminates the $75 hybrid vehicle registration fee while retaining the $140 electric vehicle registration fee, except for neighborhood electric vehicles
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Removes the definition of "hybrid vehicle" from Idaho Code Section 49-457
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Allocates new revenues from registration fee increases from House Bill No. 312 as 40% to local units of government and 60% to the state highway account
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Phases out the law enforcement account apportionment from 5% in fiscal year 2017 to 0% by fiscal year 2022 and thereafter
Legislative Description
Amends existing law to revise apportionment provisions regarding the Highway Distribution Account; and to provide an exception regarding fees for electric vehicles, and to remove fee provisions regarding hybrid vehicles.
HIGHWAY FUNDING
Last Action
Introduced, read first time; referred to: Transportation
3/24/2016