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2002 SESSION

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SB 333 Marine Patrols Fund; portion of sales and use tax revenues.

Introduced by: Frank W. Wagner | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Marine Patrols 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 saltwater use to be deposited into the Marine Patrols Fund, beginning July 1, 2002. The amount to be deposited is determined by multiplying a ratio, the numerator of which is the number of saltwater fishing days for the immediately preceding year and the denominator of which is the number of saltwater and freshwater 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 such revenues are deposited into the Game Protection Fund.


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