FIRST REGULAR SESSION

SENATE BILL NO. 310

90TH GENERAL ASSEMBLY


INTRODUCED BY SENATOR MAXWELL.

Read 1st time January 20, 1999, and 1,000 copies ordered printed.



TERRY L. SPIELER, Secretary.

S1213.01I


AN ACT

To repeal section 142.029, RSMo 1994, relating to the ethanol producer incentive fund, and to enact in lieu thereof one new section relating to the same subject.


Be it enacted by the General Assembly of the State of Missouri, as follows:

Section A.  Section 142.029, RSMo 1994, is repealed and one new section enacted in lieu thereof, to be known as section 142.029, to read as follows:

142.029.  1.  [Section 142.027 shall become effective only if the normal federal-aid funds apportioned to Missouri under the Federal-Aid Highway Act of 1987 exceeds the eighty-five percent minimum guarantee as defined in section 124 of that act.  Section 142.027 shall become effective on July first of the year following the federal fiscal year for which the funds were apportioned.

2.]  Section 142.028 shall become effective July 1, 1989.

[3.]  2.  [Section 142.027 shall expire on June 30, 1996.] Section 142.028 shall expire on December 31, [2000] 2007.




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