§ 28-6502 — Record of highway user revenues; minimum dollar distribution

A. The director shall file with the secretary of state a permanent record that contains a list of all highway user revenues collected, received or retained in this state in the fiscal year ending June 30, 1970. The list shall separately identify all sources of highway user revenues, including the number of dollars and cents that were distributed to, retained by or received by this state, by any county and by all of the cities and towns of any county cumulatively.

B. If the total highway user revenues derived equal or exceed the total derived in the fiscal year ending June 30, 1970, the state and any county shall not receive from these revenues for the use of each and for distribution to cities and towns fewer dollars than were received and distributed in the fiscal year ending June 30, 1970.

C. Statutory formulas existing on July 1, 1970 for the distribution of highway user revenues to the state, counties, cities or towns shall not be altered until highway user tax rates are raised and revenues are increased. New formulas adopted shall be based on the highway, road and street needs of the state, counties, cities and towns.