Deposit of revenue from excise tax on bicycles.

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(2) After payment of administrative and enforcement expenses under subsection (1) of this section and refunds or credits arising from erroneous overpayments, the department shall transfer the balance of the moneys received from the excise tax to the Multimodal Active Transportation Fund established under ORS 367.091 for the purpose of providing grants for bicycle and pedestrian transportation projects under ORS 367.093. [2017 c.750 §97; 2019 c.491 §25]


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