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2007 SESSION
HB 306 Income tax, state; dedicates 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.
FULL TEXT
HISTORY
- 01/04/06 House: Prefiled and ordered printed; offered 01/11/06 064283492
- 01/04/06 House: Referred to Committee on Finance
- 01/18/06 House: Assigned to Finance sub-committee: #2 (Purkey)
- 02/06/06 House: Continued to 2007 in Finance by voice vote
- 12/08/06 House: Left in Finance