H77 - DOT 2020-2021 FY Budget/Governance. (SL 2020-91)

Overview: Section 4.6 of S.L. 2020-91 modifies the current 71%/29% distribution of motor fuel tax revenue to the Highway Fund and the Highway Trust Fund as follows:

• Effective July 1, 2020, 81% to the Highway Fund and 19% to the Highway Trust Fund.
• Effective July 1, 2021, 80% to the Highway Fund and 20% to the Highway Trust Fund.
• Effective July 1, 2022, 75% to the Highway Fund and 25% to the Highway Trust Fund.

This section became effective July 1, 2020.