Senate Bill No. 490–Committee on Transportation

March 19, 1999

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Referred to Committee on Transportation

 

SUMMARY—Creates revolving account to pay for cost of issuing special license plates. (BDR 43-1608)

FISCAL NOTE: Effect on Local Government: No.

Effect on the State or on Industrial Insurance: No.

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT relating to the department of motor vehicles and public safety; creating a revolving account to pay for the cost of issuing special license plates; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

1-1 Section 1. Chapter 482 of NRS is hereby amended by adding thereto a

1-2 new section to read as follows:

1-3 1. The revolving account for the issuance of special license plates is

1-4 hereby created as a special account in the motor vehicle fund. Twenty-

1-5 five percent of the fee received by the department for the initial issuance

1-6 of a special license plate, not including any additional fee which may be

1-7 added to generate financial support for a particular cause or charitable

1-8 organization, must be deposited in the motor vehicle fund for credit to the

1-9 account.

1-10 2. The department shall use the money in the account to pay the

1-11 expenses involved in issuing special license plates.

1-12 3. Money in the account must be used only for the purpose specified

1-13 in subsection 2.

1-14 4. At the end of each fiscal year, the state controller shall transfer

1-15 from the account to the state highway fund an amount of money equal to

1-16 the balance in the account which exceeds $50,000.

2-1 Sec. 2. NRS 408.235 is hereby amended to read as follows:

2-2 408.235 1. There is hereby created the state highway fund.

2-3 2. Except as otherwise provided in subsection 7 of NRS 482.180 [,]

2-4 and section 1 of this act, the proceeds from the imposition of any
2-5 [license] :

2-6 (a) License or registration fee and other charges with respect to the

2-7 operation of any motor vehicle upon any public highway, city, town or

2-8 county road, street, alley or highway in this state ; and [the proceeds from

2-9 the imposition of any excise]

2-10 (b) Excise tax on gasoline or other motor vehicle fuel ,

2-11 must be deposited in the state highway fund and must, except for costs of

2-12 administering the collection thereof, be used exclusively for administration,

2-13 construction, reconstruction, improvement and maintenance of highways as

2-14 provided for in this chapter.

2-15 3. The interest and income earned on the money in the state highway

2-16 fund, after deducting any applicable charges, must be credited to the fund.

2-17 4. Costs of administration for the collection of the proceeds for any

2-18 license or registration fees and other charges with respect to the operation

2-19 of any motor vehicle must be limited to a sum not to exceed 22 percent of

2-20 the total proceeds so collected.

2-21 5. Costs of administration for the collection of any excise tax on

2-22 gasoline or other motor vehicle fuel must be limited to a sum not to exceed

2-23 1 percent of the total proceeds so collected.

2-24 6. All bills and charges against the state highway fund for

2-25 administration, construction, reconstruction, improvement and maintenance

2-26 of highways under the provisions of this chapter must be certified by the

2-27 director and must be presented to and examined by the state board of

2-28 examiners. When allowed by the state board of examiners and upon being

2-29 audited by the state controller, the state controller shall draw his warrant

2-30 therefor upon the state treasurer.

2-31 Sec. 3. This act becomes effective on July 1, 1999.

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