Bill
HB 2586
Overview: HB 2586, "Requiring ten percent of all state revenues derived from sales tax, excise tax, severance tax, or generated by any other means be placed in General Revenue and
Overview: HB 2586, "Requiring ten percent of all state revenues derived from sales tax, excise tax, severance tax, or generated by any other means be placed in General Revenue and returned to the County Division of Highways", has been introduced and is currently in the House Finance committee.
Purpose and Intent: The bill aims to allocate a portion of the state's tax revenues to the County Division of Highways, with the goal of improving and maintaining local road infrastructure.
Key Provisions:
- Requires 10% of all state revenues from sales tax, excise tax, severance tax, or any other means to be placed in the General Revenue and returned to the County Division of Highways
- Specifies that the funds must be used for the construction, maintenance, and improvement of county roads and highways
Affected Parties and Impacts: The bill would impact the state government's budget and revenue allocation, as well as county governments and their ability to maintain and improve local road infrastructure.
Procedural and Timeline Considerations: The bill is currently in the House Finance committee, where it will be considered and potentially amended before moving to the full House for further deliberation.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.
