Senate Bill 440 Summary

• Allocates a portion of state sales tax collected on gasoline and special fuel to counties, cities, and towns for road and street projects, effective July 1, 2013.

• Calculates the allocated amount as 7% of sales tax on the portion of retail price (including federal fuel taxes and state fuel, sales, and use taxes) that exceeds $3 per gallon.

• Distributes funds quarterly to counties based on their proportionate share of local road and street mileage statewide.

• Requires auditor of state to further suballocate county distributions between the county and its cities and towns based on their respective street mileage.

• Permits counties, cities, and towns to use distributed funds only for purposes allowed under the local road and street account.