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| SPONSOR: | Kissner | DATE TYPED: | 2/1/99 | HB | HJR 2 | ||
| SHORT TITLE: | Power Motor Vehicle Revenue, CA | SB | |||||
| ANALYST: | Esquibel | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY99 | FY2000 | FY99 | FY2000 | ||
| $ 17.0 | Non-Recurring | GF | |||
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to SJR 4
SOURCES OF INFORMATION
NM Association of Counties
Secretary of State
SUMMARY
Synopsis of Bill
The bill proposes to limit the appropriation of revenues generated from state taxes and fees imposed on the sale of gasoline, other fuels, and motor vehicles to the State Highway and Transportation Department and municipalities or counties. The revenue could be utilized by these entities only for maintaining highways and transportation purposes.
FISCAL IMPLICATIONS
The bill proposes a constitutional amendment which would cost $17.0 to publish the amendment and have it translated into Native American dialects.
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