House Sponsors: HOWARD. Short description: USE TAX-TECHNOLOGY FUNDING Synopsis of Bill as introduced: Amends the Use Tax Act and the Service Use Tax Act. Provides that for the portion of all remaining moneys received by the Department of Revenue that are now paid into the General Revenue Fund from Internet sales, phone order sales, and direct mail sales, 40.15% shall be paid into the Common School Fund, 19.7% shall be paid into the Digital Divide Fund, and 40.15% shall be paid into the Information Technology Fund. Amends the State Finance Act to create the Digital Divide Fund. Provides that the Department of Commerce and Community Affairs (DCCA) shall use the moneys in the Fund to promote information technology and the information technology industry in digital divide communities through education, research, and public infrastructure improvements and defines "digital divide" to mean that term as described in the Eliminate the Digital Divide Law. Creates the Information Technology Fund. Provides that DCCA shall use the moneys in the Fund to promote information technology and the information technology industry through education, research, and public infrastructure improvements. Effective July 1, 2001. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status