OCR Text |
Show B reduces the tax on motor and reconstruction and repair. Initiative from 19 to 14 per gallon. 5 per gallon special fuels by Fiscal Impact will be Motor fuel tax revenue used for highway purposes used for highway reduced by $34 million. Special fuel tax revenue $7.2 million. purposes will be reduced by Effective Date December 31, 1989 Total Fiscal Impact The Legislative Fiscal Analyst estimates that, if Initiative B will be $145.5 passes, the total amount of state revenue reductions million. er. bl Ti' Lit all m ir. U' X. Sal pa ate- ai: wr tht wa- ,th' iefl itie OS?' LX roa Page 23 |