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2004 SPECIAL SESSION I

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HB 5015 Retail Sales and Use Tax; increased for education.

Introduced by: Robert D. Orrock, Sr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sales and use tax; increase for education. Increases the state portion of the sales and use tax from 3.5 percent to 4.0 percent and allocates the additional revenues generated among all localities based on the number of school-aged children in each locality.


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