Partners for Our Children

SB 5039 is a companion to HB 1122.

This bill extends an existing tax on beer of five cents per gallon, which was originally set to expire June 30, 2013, so that it will remain in effect until December 31, 2016, and dedicates revenue collected from this additional tax to the education legacy trust account. The bill also levies a new tax on distributors of taxable fuel, which would begin July 1, 2013 at a rate of 1.85% and would increase to 4.62% by July 1, 2017. The revenue created by this tax would provide funding for state allocations to school districts for pupil transportation purposes.