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2002 SESSION

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HB 451 Sales and use tax; optional local tax for education.

Introduced by: James H. Dillard, II | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sales and use tax; optional local tax for education. Authorizes counties and cities to levy an additional local sales and use tax at a rate of one-half of one percent with the revenues generated from such tax reserved solely for public education purposes. The tax shall be adopted by local ordinance only after prior approval by the voters at a local referendum. The ordinance shall become effective on the first day of a month at least 60 days after its adoption, but in no event, prior to April 1, 2003.


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