H.B.
135
TRANSPORTATION FUNDING AMENDMENTS
House Committee
Amendments
Amendment 1 February 21, 2014 11:48 AM
Representative Johnny Anderson
proposes the following amendments:
1. Page
13, Lines 389 through 395
:
389
(i) a portion of the taxes listed under Subsection (3)(a) in an amount equal to 8.3% of
390
the revenues collected from the following taxes, which represents a portion of the
391
approximately 17% of sales and use tax revenues generated annually by the sales and use tax
392
on vehicles and vehicle-related products:
393
(A)
{
the tax imposed by Subsection (2)(a)(i)(A)
}
a tax rate of 4.70% imposed on a
transaction described in Subsection (1)
;
394
(B) the tax imposed by Subsection (2)(b)(i);
395
(C)
{
the tax imposed by Subsection (2)(c)(i)
}
except as provided in Subsection (2)(d) or (e),
a tax rate of 1.75% on amounts paid or charged for food or food ingredients
; and
2. Page
28, Lines 836 through 837
:
836
following manner: The total revenue deposited into the Transportation Fund during the fiscal
837
year from state highway-user taxes and fees
and from the amount of sales and use tax revenues deposited
in accordance with Section 59-12-103
, minus:
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LRGC
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