Gasoline tax refund account
Sec. 909. The administrator shall establish a revolving fund
known as the gasoline tax refund account. The amount in the fund
may not exceed seventy-five thousand dollars ($75,000), and the
administrator shall maintain the fund in a public depository
designated by the state board of finance. The administrator shall
draw checks against the fund for each approved refund. As the
checks are returned paid by the depository, the administrator shall
issue a warrant on the motor fuel tax fund in the amount of the
checks returned paid, for the purpose of maintaining the depository
balance at the authorized amount.
As added by Acts 1979, P.L.79, SEC.1.
Last modified: May 28, 2006