AB956: Bill Text

LRB-4755/1

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1999 - 2000 LEGISLATURE

1999 Assembly BILL 956

March 30, 2000 - Introduced by Representatives Cullen, Krug, Bock, Berceau, Boyle, Carpenter, Coggs, Colon, Gronemus, Hasenohrl, Kreuser, Krusick, Lassa, Meyer, Miller, Morris-Tatum, Plouff, Pocan, Reynolds, Richards, Riley, Ryba, Schooff, Sherman, Sinicki, Staskunas, Steinbrink, Turner, Wasserman, Williams, Wood and Young. Referred to Committee on Ways and Means.

AB956,1,2 An Act to create 78.018 of the statutes; relating to: reducing the motor vehicle fuel tax rate.

Analysis by the Legislative Reference Bureau

This bill decreases the motor vehicle fuel tax by 3 cents per gallon of motor vehicle fuel. Under current law, the revenue from the motor vehicle fuel tax is credited to the transportation fund. This bill transfers $93,000,000 from the general fund to the transportation fund.

For further information see the state fiscal estimate, which will be printed as an appendix to this bill.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB956, s. 1 Section 1. 78.018 of the statutes is created to read:

AB956,1,5 78.018 Adjustment in the year 2000. On July 1, 2000, the rate of the tax imposed under s. 78.01 (1) is decreased by 3 cents.

AB956, s. 2 Section 2. Appropriation changes.

AB956,2,2 (1) General fund transfer. On July 1, 2000, there is transferred from the general fund to the transportation fund $93,000,000.

AB956,2,3 (End)