News

New House Bill 343 Corrects Special Fuel Tax

That means more funding for LOCALS!
The legislature enacted HB343 that corrects the distribution formula and HB626 authorizes the transfer of the funds from special fuels.

In result of these two bills you will see a small additional distribution in July 2016. These funds are part of your Highway Distribution Account dollars and should be reported with the HB312 funds.

According to HB626 the State Controller is authorized to transfer the corrections. Below you find a summary of the transfers:

• $571,388.94 to the Local Highway Distribution Account

If you have any questions on this please contact LHTAC.