HB 125-FN-A – AS INTRODUCED
2009 SESSION
09/04
HOUSE BILL 125-FN-A
AN ACT increasing the rate of the gas tax and dedicating the increased revenues to development and improvement of highway-related transit systems serving New Hampshire residents.
SPONSORS: Rep. G. Andersen, Graf 11
COMMITTEE: Public Works and Highways
This bill increases the rate of the gas tax and dedicates the increased revenues to development and improvement of highway-related transit systems serving New Hampshire residents.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
09-0095
09/04
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nine
AN ACT increasing the rate of the gas tax and dedicating the increased revenues to development and improvement of highway-related transit systems serving New Hampshire residents.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Road Toll on Motor Fuel; Rate. Amend the introductory paragraph of RSA 260:32 to read as follows:
260:32 Levy of Tolls and Exemptions. For the fiscal year ending June 30, 2010, there is hereby imposed a road toll of [$.18] $.19 per gallon upon the sale of each gallon of motor fuel sold by distributors thereof. For each fiscal year thereafter, the commissioner of safety shall determine the rate of the road toll by adjusting the $.19 per gallon rate to reflect the average annual percentage rate of inflation based on the northeast consumer price index for all urban consumers as published by the Bureau of Labor Statistics, United States Department of Labor. The road toll shall be collected by the distributor from the purchaser and remitted to the state in the manner hereinafter set forth. Provided, that the road toll shall not apply to:
2 Use of Tolls. Amend RSA 260:35 to read as follows:
260:35 Use of Tolls. The road tolls shall be used initially to pay the interest and principal due on any bonds and notes issued pertaining to highway purposes[, and]. The remainder shall be paid into the highway fund, except that the portion of the remainder which is attributable to a road toll rate per gallon under RSA 260:32 which exceeds $.18, as certified by the director of the division of motor vehicles, shall be placed in a nonlapsing, continually appropriated account within the highway fund, for the purpose of development and improvement of highway-related transit systems serving New Hampshire residents.
3 Effective Date. This act shall take effect July 1, 2009.
LBAO
09-0095
12/29/08
HB 125-FN-A - FISCAL NOTE
AN ACT increasing the rate of the gas tax and dedicating the increased revenues to development and improvement of highway-related transit systems serving New Hampshire residents.
FISCAL IMPACT:
The Department of Safety states this bill will increase state highway fund revenue by $8,432,613, and state highway fund expenditures and local revenue by $1,011,914 in FY 2010. The Department also states that state highway fund revenue, state expenditures and local revenue will increase by an indeterminable amount in FY 2011 and each year thereafter. There will be no fiscal impact on county revenue or county or local expenditures.
METHODOLOGY:
The Department of Safety states this bill will increase the road toll rate from the current $0.18 per gallon by $0.01 per gallon. The Department estimates this increase in the road toll rate may result in an overall increase of $8,432,613 in revenue in FY 2010. The estimate is based on a three year average of road toll gallons collected during fiscal years 2006 through 2008.
Gallons (net of refunds) | |||||
Fiscal Year 2006 |
839,150,889 |
||||
Fiscal Year 2007 |
842,397,975 | ||||
Fiscal Year 2008 |
848,235,052 | ||||
2,529,783,916 | |||||
Average Gallons (net of refunds) |
843,261,305 | ||||
Multiplied by $0.01 |
$8,432,613 | ||||
For fiscal years after 2010 the rate would be adjusted by the average annual percentage rate of inflation based upon the northeast consumer price index (CPI) for all urban consumers as published by the Bureau of Labor Statistics, US Department of Labor. Since the Department is uncertain of how much the CPI would change in future years, it is unable to estimate the fiscal impact on revenue for fiscal years after 2010.
The portion of the road toll which is attributable to a road toll rate in excess of $0.18 per gallon, as certified by the director of the Division of Motor Vehicles, shall be placed in a nonlapsing, continually appropriated account within the highway fund. These funds will increase state expenditures to develop and improve highway-related transit systems serving New Hampshire Residents after FY 2010 by an indeterminable amount.
Per RSA 235:23, municipalities will receive 12 percent of the estimated $8,432,613 or approximately $1,011,914. In years after fiscal years after 2010, the Department is unable to estimate the fiscal impact to state restricted highway fund expenditures or local government revenue. There would be no fiscal impact on county revenue, or county or local government expenditures.