137.1021. Deposit of taxes collected into county private car tax trust fund--apportionment to counties. - Missouri Statutes

Deposit of taxes collected into county private car tax trustfund--apportionment to counties.

137.1021. 1. The taxes collected by the director under theprovisions of sections 137.1000 to 137.1030, less one percent for the costof collection which shall be deposited in the state's general revenue fund,shall be deposited in a special trust fund to be known as the "CountyPrivate Car Tax Trust Fund", which is hereby created. The fund shall beapportioned to the several counties in the state, based upon the ratio ofthe total main line track mileage of the railroad and street railwaycompanies within each county to the aggregate total of the state. Prior todistribution of the car tax trust fund to the counties, six-tenths of onepercent of the fund shall be transferred to the blind pension fund. Theremaining money in this fund shall not be deemed to be state funds andshall not be commingled with any funds of the state.

2. The county upon receipt of the taxes under the provisions ofsections 137.1000 to 137.1030 from the director shall apportion seventypercent of the revenues collected to the school districts within eachcounty using the same basis of distribution as used in distributingreceipts from the average school tax rate for that year, and the remainingthirty percent to the county general revenue fund.

(L. 1999 S.B. 219)