Bill > HB1517

This bill modifies reporting requirements for counties concerning mineral severance tax revenue, which is a tax levied on the extraction of minerals. Specifically, it extends the deadline for counties to submit an annual report detailing how this revenue, deposited into their county road fund for construction, maintenance, and repair of local roads, is used. Previously, this report was due within 30 days after the county's fiscal year ended; now, counties will have 90 days. The bill also removes the Comptroller of the Treasury as a direct recipient of this report, though the reports will still be subject to audit by the Comptroller.