SB690 HFIN AM
The Committee on Finance moves to amend the bill on page thirty-three, section nine, line six hundred thirty-one, following the words "highway project" and the colon, by striking out the words " Provided, That the reimbursement shall be to Division of Highways: Provided, however, That at the end of each fiscal year, " and inserting in lieu thereof the words "Provided, That in lieu of any refund or credit to the person that paid the tax imposed by this article, the Tax Commissioner shall pay to the Division of Highways for deposit into the State Road Fund of the State reimbursement for the tax in the amount estimated under the provisions of this subdivision: Provided, however, That by the fifteenth day of June of each fiscal year,".
And,
On page thirty-four, section nine, line six hundred forty-two, following the period, by inserting a new sentence to read as follows: "The amount of the reimbursement shall be calculated at six percent of the forty percent."

Adopted

Rejected