Abstract: Provides for monies received from assessments to be deposited into an account maintained by the Department of Culture, Recreation and Tourism.

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Present law provides for an assessment to be levied on the gross annual sales of liquefied petroleum gas of each person who holds a Class I, Class IV, or Class V permit. Present law provides that the commission shall deposit the proceeds of the assessments, after deducting collection and administration expenses, into a separate interest bearing account. Proposed law specifies the account to be maintained by the Dept. of Culture, Recreation and Tourism in the Lt. Governor's office.

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Present law requires that monies received or collected pursuant to the assessments levied be deposited into a separate interest-bearing account maintained by the commission. Proposed law modifies present law by changing the account to one maintained by the Dept. of Culture, Recreation and Tourism in the Lt. Governor's office.