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2001 SESSION

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SB 783 Sales and use tax; food purchased for human consumption.

Introduced by: Madison E. Marye | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sales and use tax; food purchased for human consumption. Eliminates the requirement that actual general fund revenues exceed the official general fund revenue estimates by at least one percent, which currently is a condition for reaching the next level of tax relief on food purchased for human consumption. For the period April 1, 2001, through March 31, 2002, the bill provides for a two and one-half percent state sales tax on food purchased for human consumption. The bill contains an emergency clause.


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