LOCAL ROAD USE FUND

Summary

The bill establishes a new special fund in the state treasury that can only be spent on local highway, road, street and bridge construction, maintenance and improvement. It also changes the split of existing road‑fund revenues, moving 5% into the new fund and adjusting the shares for the Public Transportation Fund and Downstate Public Transportation Fund. In addition, it amends several tax statutes to limit retailer tax‑discounts to $1,000 per month.

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