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2003 SESSION

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HB 2472 Sales and use tax rate increase; revenues; for K-12 public education.

Introduced by: Flora Davis Crittenden | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sales and use tax rate increase; revenues used for K-12 public education. Increases the state sales and use tax from 3.5 percent to 4 percent and requires the revenues generated by such increase to be used solely for K-12 public education. A special K-12 Public Education Fund is created to hold the revenues generated by the increased rate.


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