KY HB292 | 2017 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on February 10 2017 - 25% progression, died in committee
Action: 2017-02-14 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 10 2017 - 25% progression, died in committee
Action: 2017-02-14 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
Create a new section of KRS Chapter 177, regarding allocation of a portion of fuel tax revenue to the rural secondary and county road aid funds, to change the revenue-sharing formula on the portion of fuel tax revenue which exceeds $825 million in any year to divide 48.2% of motor fuel tax revenues in excess of $825 million between incorporated and unincorporated areas based on population and road mileage; clarify that the share of the two splits allocated to incorporated areas shall be used by cities and unincorporated urban places in accordance with Sections 3, 4, and 5 of the Act; clarify that the share of the two splits allocated to unincorporated areas shall be used by counties, with 54.8% going to rural secondary roads and 45.2% used for county roads; amend KRS 177.365 to clarify that the allocation of fuel taxes to incorporated areas shall be used by cities for city streets; amend KRS 177.366 to eliminate the use of population as the sole factor in distributing municipal road aid funds and instead allocate 75% of the funds based on population, and 25% based on road mileage; amend KRS 177.010 to define the term "revenue-sharing road" amend KRS 177.320, 177.330, 177.360, 177.369, 179.410, 179.415, 138.220, and 177.020 to conform; EFFECTIVE JULY 1, 2018.
Title
AN ACT relating to the distribution of fuel tax revenues.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-02-14 | House | to Appropriations & Revenue (H) |
| 2017-02-10 | House | introduced in House |
