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2007 SESSION

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HB 2262 Income tax, state; dedicates a portion of car tax to localities.

Introduced by: Thomas Davis Rust | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Car tax; dedicates a portion of income tax to localities.  Repeals the car tax reimbursement program and replaces it by dedicating 17.5% of the state individual income tax collections to localities. The bill is effective January 1, 2009, but only if a constitutional amendment is ratified in November 2008, exempting from taxation all motor vehicles used for nonbusiness purposes.


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