Codes
| Out | In | For |
|---|---|---|
| 7928 | 3928 | State Highway Fund (0006) Motor Vehicle Taxes Transfer from Fund 0001 to Fund 0006 |
Purpose
Beginning September 1, 2019 through August 31, 2029, 35% of all motor vehicle sales taxes (revenue objects 3004, 3005, 3016) above the first $5 billion collected each fiscal year are allocated to the State Highway Fund (0006).
Note
Allocation to the State Highway Fund (0006) proposed by S.J.R. 5, 84th Leg., R.S. and adopted by voters November 3, 2015.