H103 - 2022 Appropriations Act. (SL 2022-74)

Overview: Section 42.3 of S.L. 2022-74 transfers a portion of the sales and use tax proceeds, which are otherwise deposited into the General Fund, to the Highway Fund and Highway Trust Fund for transportation needs. The amount transferred ranges from 2%-6% over three years.

This section became effective July 1, 2022.