HB 1110 Summary

• Allocates 1% of revenue from gasoline, diesel fuel, and kerosene taxes collected within Jackson to the City of Jackson beginning August 15, 2014.

• Funds must be dedicated solely to street construction and repair, and infrastructure maintenance and improvements.

• Payment is intended to help Jackson offset ad valorem tax losses from state-owned property and cover increased infrastructure and public safety costs related to being the state capital.

• Amends Section 27-65-75 to establish the Jackson fuel tax allocation alongside existing distributions to other entities and the State Highway Fund.

• Effective date is July 1, 2014.