A. Except as provided in subsection B of this section, on a monthly basis, the director shall deposit, pursuant to sections 35-146 and 35-147, one and six-tenths of one per cent of motor vehicle fuel tax monies collected pursuant to section 28-5606 in the state lake improvement fund established by section 5-382.

Terms Used In Arizona Laws 28-5926

  • Director: means the director of the department of transportation. See Arizona Laws 28-101
  • Motor vehicle fuel: includes all products that are commonly or commercially known or sold as gasoline, including casinghead gasoline, natural gasoline and all flammable liquids, and that are composed of a mixture of selected hydrocarbons expressly manufactured and blended for the purpose of effectively and efficiently operating internal combustion engines. See Arizona Laws 28-101
  • State: means a state of the United States and the District of Columbia. See Arizona Laws 28-101
  • Tax: means any tax, fee, penalty or interest imposed by this title. See Arizona Laws 28-5931

B. The director shall retain one per cent of the monies specified in subsection A of this section to defray administrative expenses.