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2001 SESSION

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HB 2484 Marine Patrols Fund & Marine Habitat & Waterways Imp. Fund.

Introduced by: Robert S. Bloxom | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Marine Patrols Fund and Marine Habitat and Waterways Improvement Fund; portion of sales and use tax revenues. Provides for an amount generated by a two percent sales and use tax and collected from the sale of fishing and auxiliary fishing equipment purchased for salt water use to be deposited into the Marine Patrols Fund and the Marine Habitat and Waterways Improvement Fund. The amount to be deposited is determined by multiplying a ratio, the numerator of which is the number of salt water fishing days for the immediately preceding year and the denominator of which is the number of salt water and fresh water fishing days for the same year, by the total amount of the two percent sales and use tax collected in the state on all fishing and auxiliary fishing equipment for that year. The remaining amount is deposited into the Game Protection Fund. Currently, all of such revenues are deposited into the Game Protection Fund.


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