HB 242, 47th R.S.
Relating to amending the General and Special Laws relative to declaring the policy of the state with reference to building, maintaining, and financing State designated roads; declaring the policy of the state with reference to financing the construction of county lateral roads; creating the Board of County and District Road Indebtedness and prescribing its powers, duties, and obligations; collecting revenue from the occupation tax on selling gasoline; creating a County and Road District Highway Fund and a Lateral Road Account; providing for the handling of County Sinking Funds accumulated from the payment of certain road bonds and warrants; providing for the payment of certain Navigation District Bonds; providing certain penalties.
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