2014 -- S 2489 | |
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LC004235 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2014 | |
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A N A C T | |
RELATING TO MOTOR AND OTHER VEHICLES -- MOTOR FUEL TAX | |
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Introduced By: Senators Goldin, and Pichardo | |
Date Introduced: February 27, 2014 | |
Referred To: Senate Finance | |
(RIPTA) | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 31-36-20 of the General Laws in Chapter 31-36 entitled "Motor |
2 | Fuel Tax" is hereby amended to read as follows: |
3 | 31-36-20. Disposition of proceeds. -- (a) Notwithstanding any other provision of law to |
4 | the contrary, all moneys paid into the general treasury under the provisions of this chapter or |
5 | chapter 37 of this title, and title 46 shall be applied to and held in a separate fund and be |
6 | deposited in any depositories that may be selected by the general treasurer to the credit of the |
7 | fund, which fund shall be known as the Intermodal Surface Transportation Fund; provided, that in |
8 | fiscal year 2004 for the months of July through April six and eighty-five hundredth cents |
9 | ($0.0685) per gallon of the tax imposed and accruing for the liability under the provisions of |
10 | section 31-36-7, less refunds and credits, shall be transferred to the Rhode Island public transit |
11 | authority as provided under section 39-18-21. For the months of May and June in fiscal year |
12 | 2004, the allocation shall be five and five hundredth cents ($0.0505). Thereafter, until fiscal year |
13 | 2006, the allocation shall be six and twenty-five hundredth cents ($0.0625). For fiscal years 2006 |
14 | through FY 2008, the allocation shall be seven and twenty-five hundredth cents ($0.0725); |
15 | provided, that expenditures shall include the costs of a market survey of non-transit users and a |
16 | management study of the agency to include the feasibility of moving the Authority into the |
17 | Department of Transportation, both to be conducted under the auspices of the state budget officer. |
18 | The state budget officer shall hire necessary consultants to perform the studies, and shall direct |
19 | payment by the Authority. Both studies shall be transmitted by the Budget Officer to the 2006 |
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1 | session of the General Assembly, with comments from the Authority. For fiscal year 2009, the |
2 | allocation shall be seven and seventy-five hundredth cents ($0.0775), of which one-half cent |
3 | ($0.005) shall be derived from the one cent ($0.01) per gallon environmental protection fee |
4 | pursuant to section 46-12.9-11. For fiscal years 2010 and thereafter, the allocation shall be nine |
5 | and seventy-five hundredth cents ($0.0975), of which of one-half cent ($0.005) shall be derived |
6 | from the one cent ($0.01) per gallon environmental protection fee pursuant to section 46-12.9-11. |
7 | Twenty-one percent (21%) of One one cent ($0.01) ($0.0021) per gallon shall be transferred to |
8 | the Elderly/Disabled Transportation Program of the department of human services, and seventy- |
9 | nine percent (79%) of one cent ($0.0079) shall be directly transferred to the Rhode Island public |
10 | transit authority for the elderly/disabled transportation program and the remaining cents per |
11 | gallon shall be available for general revenue as determined by the following schedule: |
12 | (i) For the fiscal year 2000, three and one fourth cents ($0.0325) shall be available for |
13 | general revenue. |
14 | (ii) For the fiscal year 2001, one and three-fourth cents ($0.0175) shall be available for |
15 | general revenue. |
16 | (iii) For the fiscal year 2002, one-fourth cent ($0.0025) shall be available for general |
17 | revenue. |
18 | (iv) For the fiscal year 2003, two and one-fourth cent ($0.0225) shall be available for |
19 | general revenue. |
20 | (v) For the months of July through April in fiscal year 2004, one and four-tenths cents |
21 | ($0.014) shall be available for general revenue. For the months of May through June in fiscal year |
22 | 2004, three and two-tenths cents ($0.032) shall be available for general revenue, and thereafter, |
23 | until fiscal year 2006, two cents ($0.02) shall be available for general revenue. For fiscal year |
24 | 2006 through fiscal year 2009 one cent ($0.01) shall be available for general revenue. |
25 | (2) All deposits and transfers of funds made by the tax administrator under this section, |
26 | including those to the Rhode Island public transit authority, the department of human services and |
27 | the general fund, shall be made within twenty-four (24) hours of receipt or previous deposit of the |
28 | funds in question. |
29 | (3) Commencing in fiscal year 2004, the Director of the Rhode Island Department of |
30 | Transportation is authorized to remit, on a monthly or less frequent basis as shall be determined |
31 | by the Director of the Rhode Island Department of Transportation, or his or her designee, or at the |
32 | election of the Director of the Rhode Island Department of Transportation, with the approval of |
33 | the Director of the Department of Administration, to an indenture trustee, administrator, or other |
34 | third party fiduciary, in an amount not to exceed two cents ($0.02) per gallon of the gas tax |
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1 | imposed, in order to satisfy debt service payments on aggregate bonds issued pursuant to a Joint |
2 | Resolution and Enactment Approving the Financing of Various Department of Transportation |
3 | Projects adopted during the 2003 session of the General Assembly, and approved by the |
4 | Governor. |
5 | (b) Notwithstanding any other provision of law to the contrary, all other funds in the |
6 | fund shall be dedicated to the department of transportation, subject to annual appropriation by the |
7 | general assembly. The director of transportation shall submit to the general assembly, budget |
8 | office and office of the governor annually an accounting of all amounts deposited in and credited |
9 | to the fund together with a budget for proposed expenditures for the succeeding fiscal year in |
10 | compliance with sections 35-3-1 and 35-3-4. On order of the director of transportation, the state |
11 | controller is authorized and directed to draw his or her orders upon the general treasurer for the |
12 | payments of any sum or portion of the sum that may be required from time to time upon receipt |
13 | of properly authenticated vouchers. |
14 | (c) At any time the amount of the fund is insufficient to fund the expenditures of the |
15 | department of transportation, not to exceed the amount authorized by the general assembly, the |
16 | general treasurer is authorized, with the approval of the governor and the director of |
17 | administration, in anticipation of the receipts of monies enumerated in section 31-36-20 to |
18 | advance sums to the fund, for the purposes specified in section 31-36-20, any funds of the state |
19 | not specifically held for any particular purpose. However, all the advances made to the fund shall |
20 | be returned to the general fund immediately upon the receipt by the fund of proceeds resulting |
21 | from the receipt of monies to the extent of the advances. |
22 | SECTION 2. This act shall take effect upon passage. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO MOTOR AND OTHER VEHICLES -- MOTOR FUEL TAX | |
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1 | This act would change the rate of allocations to the elderly/disabled transportation |
2 | program from one cent ($0.01) per gallon to twenty-one percent of one cent ($0.0021) per gallon |
3 | and would allocate seventy-nine percent (79%) of one cent ($0.0079) per gallon directly to the |
4 | Rhode Island public transit authority for the elderly/disabled transportation program. |
5 | This act would take effect upon passage. |
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