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2007 SESSION

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HB 1638 Transportation Trust Fund; sales and use tax revenue dedicated thereto.

Introduced by: Mark L. Cole | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sales and use tax revenue dedicated to the Transportation Trust Fund.  Increases the amount of sales and use tax revenue dedicated to the Transportation Trust Fund from an amount generated by a one-half percent sales and use tax (under current law), (i) to an amount generated by a three-quarters percent sales and use tax beginning July 1, 2007, and ending June 30, 2008, and (ii) to an amount generated by a 1% sales and use tax beginning July 1, 2008.


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