Roadrunner Capitol Reports
Legislation Detail

SB 184 MOTOR VEHICLE TAX DISTRIBUTIONS

Sen Roberto "Bobby" Gonzales

Actions: [2] SCC/STBTC/SFC-SCC [3]germane-STBTC [6] DP-SFC

Scheduled: Not Scheduled

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Summary:
 Senate Bill 184 (SB 184) modifies the Motor Vehicle Excise Tax distributions. 
Legislation Overview:
 Senate Bill 184 (SB 184) changes distributions of the Motor Vehicle Excise Tax revenue (MVET).
The bill eliminates a distribution to the General Fund and redistributes that portion to the State Road Fund which increases from 21.86% to 75% and the local government Transportation Project Fund from 18.75% to 25% of the tax revenue.

SB 184 is effective, if passed and signed into law, July 1, 2024.